Petronas to beef up security at its plants after Saudi oil attacks

Kuala Lumpur

MALAYSIA'S state-owned energy giant Petronas said it would beef up security at its plants after an attack on a Saudi hub last weekend, and warned oil price volatility in the rest of the year could affect its year-end performance.

Heightened vigilance over security comes as the firm, known in full as Petroliam Nasional Bhd, nears the start of commercial operations at a US$27 billion refinery and petrochemical project built jointly with Saudi Arabia.