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Petroliam Nasional Berhad (Petronas), through its subsidiary Petronas LNG (PLSB), has formalised a significant equity participation agreement with SMJ Energy.

GEORGE TOWN: In a significant environmental initiative, Penang has transformed the way used cooking oil (UCO) is managed, converting what was once waste into valuable jet fuel.

An LNG carrier controlled by project shareholder Petronas is due to arrive at the new 14-mpta LNG Canada plant near Kitimat on Canada’s west coast as the project prepares to export its first ...

Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices.

A transaction could value the Canadian business at $6 billion to $7 billion, they said. Petronas may also consider selling a minority stake in the business, depending on valuation, the people said.

A transaction could value the Canadian business at $6 billion to $7 billion, they said. Petronas may also consider selling a minority stake in the business, depending on valuation, the people said.

Petronas signed Production Sharing Contracts (PSCs) for Serpang and Binaiya Working Areas offshore Eastern Java and Eastern Indonesia.