Malaysia’s dependence on the annual dividends of national oil and gas company PETRONAS as a source of revenue for government coffers has been on the decline over the years, says Finance Minister II ...

Malaysia’s energy behemoth Petronas intends to start cutting its workforce in phases from the second half of this year and, reportedly, management will not be spared. Speaking to media after the ...

Petronas signed production sharing contracts and technical evaluation agreements for work offshore Malaysia. Petronas Carigali Sdn. Bhd. has signed production sharing contracts (PSCs) and ...

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach. Petronas president and group chief ...

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) saw its net profit drop 32% to RM55.1bil in the financial year ended Dec 31, 2024 (FY24), impacted by lower average realised prices and favourable ...

Malaysia’s energy behemoth and guardian of the nation’s hydrocarbon resources, Petronas, started this week in style with the award of two exploration blocks from the Malaysia Bid Round (MBR ...

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will maintain all its contractual obligations, Prime Minister Anwar Ibrahim said, after talks over gas distribution with Petroleum ...

Eni and Petronas signed an MoU to establish a joint venture to oversee selected upstream assets in Indonesia and Malaysia. Eni and Petronas signed an exclusive memorandum of understanding (MoU ...

The state-owned company, commonly known as Petronas, is seeking project financing of over US$1 billion, said the sources, who asked not to be named discussing private matters. The facility could carry ...

The state-owned company, commonly known as Petronas, is seeking project financing of over $1 billion, said the people, who asked not to be named discussing private matters. The facility could ...