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Petronas sees stronger 2017 results as earnings surge in Q3


Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin said: “We remain committed to improving efficiency across our operations."

Petronas president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin said: “We remain committed to improving efficiency across our operations."

KUALA LUMPUR: Petroliam Nasional Bhd posted a strong set of results for the third quarter ended Sept 30, 2017 and forecasts the group’s overall year-end performance to be better than last year as oil price recovers and due to efficiency improvement.

The national oil company said in a statement issued on Thursday profit after tax (PAT) rose 64% to RM10bil from RM6.10bil, underpinned by improved performances of its upstream and downstream businesses.

Corporate News , Oil & Gas

   

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