How not to run a national oil company (Update)


UNTIL about 5pm last Monday evening, Malaysians at large did not know who was going to head their most valuable company – Petroliam Nasional Bhd.

During a town hall meeting that started at about 3pm, many within the organisation had the impression that president and chief executive officer Tan Sri Shamsul Abbas would stay on as the 62-year did not give away any indication he was stepping down.

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 , shamsul hassan

Next In Business News

Oil climbs as strikes on Saudi facilities stoke anxiety, Hormuz near standstill
Malaysia-China business cooperation enters higher value, regional phase
Stocks shaky as Israeli attacks on Lebanon tests Iran ceasefire
US$50bil in financial support needed as Middle East conflict tests global economy - IMF
Ringgit extends gains against US$ on improved risk appetite
Cautious re-entry into equities as traders wary of Middle East ceasefire
Trading ideas: Arka, Axteria, Crescendo, Hong Seng, Ideal, MCE, Pertama, Pinehill, Shell, United Malacca, Puncak, Velesto, Big Caring, Inspace, MTT
O&G stays buoyant amid supply crunch
China’s LNG demand unlikely to bounce back
MCE to acquire 50% stake in FP Project

Others Also Read