World Bank says Petronas investments ensure sustainable oil wealth


KUALA LUMPUR: National oil company Petronas’ investments domestically and abroad have ensured that oil wealth will be available for future generation, according to the World Bank.

The World Bank in its Malaysia Economic Monitor report said Petronas had made significant investments domestically, both in upstream exploration and production as well as downstream industries.       

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Business , world bank

Next In Business News

Aiming for 5.6% GDP growth in first quarter
Malaysia clinches RM1.8bil sales at Gulfood 2026
One Credit debuts smart fintech system
Dividend yield catalyst for CelcomDigi re-rating
HIB acquires 51% stake in Woodpeckers
Dialog enters recovery year driven by midstream recurring income
OGX launches IPO ahead of ACE Market listing
Critical Holdings wins RM35mil design contract
Rousing outlook for Heineken in FY26
Jobless rate set to stay low on improved outlook

Others Also Read