Petroliam Nasional Bhd (Petronas) reported an 18 per cent drop in net profit to RM45.4 billion for the financial year ended Dec 31 2025, driven by lower revenue from reduced oil prices, sales volume and foreign exchange impacts, the company said on 27 Feb 2026.
Despite the decline, Petronas highlighted improved cost management and operational optimisation efforts, along with plans to expand its upstream footprint with new offshore Sabah blocks.
Internationally, the group is strengthening its presence across Suriname, Guyana, the Middle East and Southeast Asia, while maintaining focus on lower-carbon solutions and value-accretive investments.
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