Petronas hit by lower crude and LNG prices


Wan Zulkiflee (right):

CEO warns company’s ‘stamina and endurance’ will be really tested going forward

IN his second press conference for Petroliam Nasional Bhd’s (Petronas) quarterly results, president and group CEO Datuk Wan Zulkiflee Wan Ariffin began his presentation with a tongue in cheek comment that he’s had just about enough talking about the depressed state of oil prices.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , petronas , aug , 15

   

Next In Business News

RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close
Fajarbaru wins RM13.33mil contract from Malaysia Airports
Fitters Diversified bags RM26.1mil subcontract from IJM Construction
CIMB Thai 1Q net profit dips 24.6% to 626.1 million baht
Maxis ready to build another 5G network, fully supports govt 5G delivery model
Iconic Worldwide raises RM95.6mil in oversubscribed rights issue
Merdeka 118 tower receives LEED Platinum certification
Hextar Capital to diversify into construction and project management services

Others Also Read