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Business 06 Mar 2013 | 12:00 AM

Buyout saga of MISC likely to set stage for face-off between Petronas and EPF

PETALING JAYA: The ongoing buyout of shipping giant MISC Bhd pits its owner, the national oil corporation, against the country’s largest pension fund, setting the stage for what could be an interesting face-off in corporate Malaysia.

Business 11 Dec 2012 | 12:00 AM

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 10 Dec 2012 | 12:00 AM

Petronas unveils growth O&G plans in Canada after US$5.3b Progress takeover cleared

Petroliam Nasional Bhd (Petronas) has unveiled three investment components in Canada which would involve building a pipeline and facilities after it cleared the last obstacle to the US$5.3bil takeover of Progress Energy Resources Corp.

Business 02 Oct 2012 | 12:00 AM

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 10 Sep 2012 | 12:00 AM

Difficult oil or new efficient energy pursuit poser

PETROLIAM Nasional Bhd (Petronas), which recorded a weaker financial performance in its second quarter for the financial year 2012, is aiming to substantially beef up its capital expenditure (capex) moving forward.

Business 07 Sep 2012 | 12:00 AM

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.