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Business 22 Mar 2014 | 12:00 AM

Crunch time for Petronas

PETRONAS, facing dwindling production at home, is in a race against time to scour for new oilfields beyond Malaysia’s shores.

Business 09 Jun 2018 | 12:00 AM

Petronas warned of July 1 being the cut-off date

EVERYBODY knows that national oil company Petroliam Nasional Bhd (Petronas) has been losing its clout in Sarawak in the last few years. It came to light in 2016 when Sarawak issued a moratorium on all new applications for work permits for staff outside the state, including Petronas.

Business 25 Feb 2017 | 12:00 AM

Let Petronas do its job

JUST about everyone in the oil and gas (O&G) sector the world over would love to do business with Petroliam Nasional Bhd (Petronas). And why not?

Corporate News 10 Jan 2015 | 12:00 AM

How low will Petronas profits dip?

A clearer picture will emerge on the impact that the almost 50% drop in the price of crude oil over the last six months has had on the coffers of the Federal Government when Petroliam Nasional Bhd (Petronas) unveils its next quarterly results.

Commodities 07 Mar 2019 | 11:17 PM

Malaysia's Petronas grows freely, Indonesia's Pertamina hobbled by Govt intervention

JOHOR, Malaysia/JAKARTA: On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia's Petronas is starting up a state-of-the art petroleum processing hub, called RAPID

Commodities 01 Jun 2018 | 12:00 AM

Petronas to buy 25% in LNG Canada, estimated to cost RM111bil

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is set to become the second-largest partner in LNG Canada after striking a deal to buy 25% in the liquefied natural gas (LNG) project in Kitimat, British Columbia, Canada. It will become second-largest partner in the project

Commodities 05 Dec 2017 | 12:00 AM

Petronas paints a sombre picture of the oil and gas industry

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has painted a sombre picture of the oil and gas (O&G) industry, stating that the requirement for assets such as rigs would be halved from three years ago.

Business 26 Aug 2017 | 12:00 AM

Petronas gains from higher oil prices

COST-CUTTING measures have helped lift Petroliam Nasional Bhd (Petronas) to sail through the storm from the heavy beating it has taken from the plunge in the price of crude oil since September 2014.

Commodities 27 Jul 2017 | 12:00 AM

Petronas likely to take a hit, may make provisions

PETALING JAYA: Petroliam Nasional Bhd (Petronas) could incur an impairment charge of about C$632mil (RM2.16bil) following its decision to abort the proposed C$36bil (RM124bil) Pacific NorthWest liquefied natural gas (LNG) project in western Canada.

Business 29 Nov 2014 | 12:00 AM

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.