PETRONAS is growing its energy derivatives trading

A sign for a Petroliam Nasional Bhd (Petronas) gas station stands near the Petronas KLCC Twin Towers in Kuala Lumpur, Malaysia. - Goh Seng Chong/Bloomberg

Malaysia’s state-owned oil and gas company, Petroliam Nasional Bhd, is hiring traders to expand its derivatives business.

Hugo Picca has joined the company, known as Petronas, as part of its "growth and expansion plans,” it said in a statement. His previous employers include SEFE GmbH and Standard Chartered, according to his LinkedIn profile.