Company
Petronas Eyes Expansion of LNG Projects in Canada
Petronas aims to strengthen its Canadian LNG operations, backed by significant gas reserves and hopes for governmental support.
Category: Petronas
Business News
PETRONAS Reaffirms Long-Term Commitment to Brazil Amid Global Growth and Transformation Drive
PETRONAS reaffirmed commitment to Brazil, highlighting operations in upstream and downstream sectors while expanding internationally with new exploration blocks secured.
Fuel
Rafizi Warns Petronas Revenue Loss Could Undermine National Economy, Credit Rating
Rafizi Ramli warns that poor negotiations between Petronas and Petros could significantly harm Malaysia’s economy and investor confidence.
Business News
Sabah Acquires 25% Stake in US$3.1 Billion Sipitang Floating LNG Project to Boost State Economy
The Sabah government signed an agreement with Petronas to acquire a stake in a floating LNG facility, enhancing energy security.
Business News
Dialog Signs MOU with Petronas to Fast-Track Gas Production at Sabah’s Mutiara Cluster
Dialog signed an MOU with Petronas to accelerate gas production at Sabah’s Mutiara Cluster, targeting first gas before 2029.
Business News
Petronas to Deliver First LNG Canada Cargo to Japan’s Toho Gas in July
Petronas will deliver its first LNG cargo from the LNG Canada project to Toho Gas in July, fulfilling Asia’s energy demand.
Banking and Finance
More than 90 Malaysian companies make Fortune Southeast Asia 500 List
Malaysia ranked third in the 2025 Fortune Southeast Asia 500 list, with 92 companies generating US$201.6 billion in revenue.
Business News
PETRONAS’ Rightsizing Plan Sparks Debate on Responsibility
Omar Mustapha, an entrepreneur, expresses concern over PETRONAS' proposed 10% workforce reduction, potentially affecting 5,000 jobs.
Business News
PETRONAS says it is committed to deliver safe, sustainable energy solutions
PETRONAS is transforming into an agile energy company, reducing its workforce by 10% while supporting affected employees with comprehensive transition programs.
Business News
Audit Petronas: Reactions from political figures
Proposal for Petronas audit after 5,000 contract workers' termination gains mixed reactions; transparency, professionalism urged to protect reputation, investor confidence.
Business News
Anwar Calls for Calm in Petronas-Petros Dispute, Plans Talks with Sarawak Premier
Anwar urges restraint in Petronas-Petros dispute, plans talks with Sarawak Premier to resolve oil and gas control issue.
Business News
PETRONAS-linked Shares Plummet as Sarawak Demands Licence Compliance for Gas Plant!
Petronas Chemicals Group (PCG) dropped 20 sen to RM3.47, with a trading volume of 5 million shares.
Business News
PETRONAS Reports Lower FY2024 Revenue and Profit Amid Declining Prices
PETRONAS reported a 7% revenue drop and 32% PAT decline in FY2024, impacted by lower prices and Engen divestment effects.