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Business 04 Apr 2014 | 12:00 AM Premium

Petronas' Rapid gets RM89bil investment, one-year delay

PETALING JAYA: Petroliam Nasional Bhd has green-lit its much-awaited final investment decision for the Pengerang Integrated Complex in south Johor with a commitment of US$27bil (RM88.56bil), but the project will start up a year later than expected in 2019.

Business 11 Dec 2012 | 12:00 AM Premium

Petronas to triple gas reserves after takeover of Progress

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is expected to almost triple its international unconventional gas reserves to one billion barrels of oil equivalent (boe) after the takeover of Canadas Progress Energy Resources Corp.

Business 02 Oct 2012 | 12:00 AM Premium

Govt to rely less on dividends from Petronas

KUALA LUMPUR: The Government will gradually reduce its dependence on oil revenue from Petroliam Nasional Bhd (Petronas), according to Treasury secretary-general Datuk Dr Mohd Irwan Serigar Abdullah.

Business 07 Sep 2012 | 12:00 AM Premium

Petronas Q2 earnings down 29.8% to RM15.22b, braces for lower performance (Update)

Petroliam Nasional Bhd's (Petronas) earnings fell 29.8% to RM15.22bil in the second quarter ended June 30, 2012 from RM21.71bil a year ago and it is expecting lower performance for the current year.

Business 31 Jul 2013 | 12:00 AM Premium

Petronas to delay refinery project to 2018

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will start up the refinery within its US$19bil (RM62.13bil) petrochemicals complex in Johor at end 2017, the company told Reuters yesterday, signalling a further delay in the country’s largest-ever infrastructure project.

Business 05 Jun 2013 | 3:54 PM Premium

Petronas Q1 earnings down 3% on fuel price, high costs

KUALA LUMPUR: Petroliam Nasional Bhd's (Petronas) net profit in the first quarter to March 31 slipped 2.73% to RM20.37bil from RM20.94bil a year ago due to lower crude oil prices and higher costs.

Business 04 Mar 2014 | 6:12 PM Premium

Petronas FY13 revenue up 9% to RM317.3b (Update)

KUALA LUMPUR: Petroliam Nasional Bhd's (Petronas) revenue rose 9% to RM317.314bil in the financial year ended Dec 31, 2013 from RM291.226bil in FY12.