Business
Malaysia’s Petronas set to sign LNG supply deal with QatarEnergy: sources
Petroliam Nasional is up against dwindling domestic gas reserves while local demand for the fuel rises Malaysia’s state-owned firm…
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Petronas
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Petronas to beef up exploration and production in next three years
This includes maintaining domestic output at close to two million barrels of oil equivalent a day between 2026 and 2028 Malaysia’s state…
Business
Petronas names new COO following Sarawak gas dispute: report
The company has also been struggling with declining profits and last year announced it was cutting around 10% of its workforce Petroliam…
News
Petronas seeks court clarity on Sarawak operations in gas licensing dispute
Malaysia’s state energy company Petroliam Nasional Berhad (Petronas) said on Monday (Jan 12) it has filed a motion at the country’s top…
Business
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC…
Business
Eni, Petronas merge Indonesia, Malaysia assets in joint venture
The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia Italy’s Eni and Malaysia’s state energy company…
News
Petronas reaffirms gas supply commitments after Malaysian court win
Shell Malaysia says that Shell MDS respects and will comply with the ruling of the Court of Appeal on the matter Malaysian state energy…
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Shell MDS Sarawak ordered by Court to pay close to RM 1 billion in gas payment owed to PETRONAS instead of PETROS.
The Court of Appeal's Sept 22 decision ordering Shell MDS (SMDS) to pay overdue gas payments and lifting the injunction that forced…
Unsorted
Petronas delivers first local sustainable aviation fuel to Malaysia Airlines
The announcement comes as the country looks to build domestic production, blending, and supply of SAF Malaysia’s state energy firm…
Business
South-east Asia set to export surplus biofuels to Europe, Petronas executive says
South-east Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a…
Business
Malaysia's Petronas says it will undergo 'strategic transformation' as H1 profit falls
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Friday (Aug 29) that it was undergoing a ‘strategic transformation’…
Business
Malaysia’s Petronas to boost international portfolio to 60% over next decade
The firm will build on its current international portfolio by integrating its domestic expertise with global partnerships Malaysia’s state…
Business
Petronas said to seek US$1 billion for Rio oil field stake sale
Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian oil field Tartaruga…
Business
Malaysia’s oil giant Petronas looks abroad to help cut production costs
Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad…
Business
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026 Malaysia’s state-owned oil firm will reduce headcount…
Business
Petronas is said to weigh sale of US$7 billion Canada business
Lower oil prices have hit the company, which reported a slide of more than 30% in net income in 2024 and announced job cuts that will…
Business
Malaysia’s Petronas aims for China, Vietnam expansion while seeking long-term LNG supply
Malaysia’s Petroliam Nasional, or Petronas, aims to expand its liquefied natural gas (LNG) sales into markets such as China and Vietnam…
Business
Malaysia's Petronas secures extra gas supply after hit from Putra Heights pipeline fire
Malaysian oil and gas giant Petroliam Nasional said on Wednesday (Apr 16) it has secured additional gas supplies to minimise supply…
Business
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector…
Business
Abu Dhabi’s Adnoc signs 15-year LNG supply deal with Malaysia’s Petronas
ABU Dhabi National Oil Co (Adnoc) agreed to sell liquefied natural gas to Malaysia’s Petronas for 15 years starting 2028, expanding the…
Business
Malaysia’s Petronas to supply gas to Sabah Electricity
MALAYSIA’S Petronas will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy…