Petronas

Eni, Petronas merge Indonesia, Malaysia assets in joint venture

The new entity, NewCo, will manage 19 assets, 14 in Indonesia and five in Malaysia

Petronas has been in dispute with Petros over gas distribution rights in Sarawak since last year, and faces another court case with Petros involving gas rights in the state.

Petronas reaffirms gas supply commitments after Malaysian court win

Shell Malaysia says that Shell MDS respects and will comply with the ruling of the Court of Appeal on the matter

The government, under a 2023 national energy transition roadmap, is targeting a 47% SAF blending mandate by 2050.

Petronas delivers first local sustainable aviation fuel to Malaysia Airlines

The announcement comes as the country looks to build domestic production, blending, and supply of SAF

Asia Pacific’s biofuel transport demand is expected to surge to about 250 million litres per year by 2030, marking the fastest growth globally and underscoring the scale of opportunities in the region.

South-east Asia set to export surplus biofuels to Europe, Petronas executive says

[SINGAPORE] South-east Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil and gas co...

Petronas confirmed it was working with authorities after the National Security Council on Monday ordered LNG facilities in Sarawak to tighten security following an unspecified threat.

Malaysia deputy PM says Petronas received threat to 'burn' LNG facilities

[KUALA LUMPUR] A security warning by Malaysian authorities for liquefied natural gas facilities was issued after an employee at state energy firm Petronas received a threat by phone to burn them down,...

Petronas posted a profit after tax of RM26.2 billion (S$7.96 billion) in the six months ending June 30, down 19 per cent from RM32.4 billion in the corresponding period of last year.

Malaysia's Petronas says it will undergo 'strategic transformation' as H1 profit falls

Revenues in H1 declined 24% to RM132.6 billion, compared with RM173.6 billion a year earlier

Sarawak has demanded local gas distribution rights from Petronas, which has had full control for 50 years, in its quest to expand its autonomy in recent years.

Petronas yet to finalise gas deal with Sarawak, says minister

The national oil firm runs one of the world’s biggest liquefied natural gas terminals in the Borneo state, which holds the largest gas reserves in Malaysia

Petronas is upgrading its upstream operation portfolio to focus on high-quality assets while at the same time ensuring that energy supplies for Malaysia remain reliable.

Malaysia’s Petronas to boost international portfolio to 60% over next decade 

The firm will build on its current international portfolio by integrating its domestic expertise with global partnerships

The field is based in the deep waters of Campos Basin in Rio de Janeiro state.

Petronas said to seek US$1 billion for Rio oil field stake sale

[SAO PAULO] Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian oil field Tartaruga Verde, according to sources familiar with the matter...