Petronas cuts capex


PETROLIAM Nasional Bhd’s (Petronas) announcement of its third-quarter results comes at a delicate time, considering that it is being watched by all and sundry.

Amidst a scenario of a free-fall of oil prices and the politically-charged Umno General Assembly, it comes as no surprise that Tan Sri Shamsul Azhar Abbas (pic), the oil major’s president and chief executive, says he has to be “politically correct” in delivering his key message.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Business News

PETRONAS to supply excess fuel to Australia as leaders vow closer energy ties
China records 5% GDP growth in 1Q26
TSMC Q1 profit jumps 58% to record, beats expectations
Oil little changed on scepticism US-Iran peace talks will ease Hormuz disruption
PMB Investment declares 2.39 sen distribution for shariah dividend fund
Perdana Petroleum unit secures PETRONAS work orders for two AHTS vessels
Slight gains on FBM KLCI as war tensions ease
Golden Destinations debuts on ACE Market, marks Asean first for travel B2B
Malaysia's wealthiest tycoons grew fortunes by 30%
FBM KLCI moves slightly higher as traders practise caution

Others Also Read