Petronas – the world's fourth-biggest LNG exporter - said it will increase investment in its core business, even as it aims to lower emissions and invests in cleaner energy.

KUALA LUMPUR: Petronas Dagangan Bhd (PDB) is committed to leveraging the fuel demand by continuing to grow its core businesses in line with customers’ evolving preferences, while at the same ...

The Canadian business, formerly known as Progress Energy Resources, was acquired by Petronas in 2012 for approximately $5.3bn, enhancing the company's shale gas assets and gas supplies.

PETRONAS has consistently explored new potential beyond its core business. This includes expanding its downstream capabilities, such as exploring the development of biofuels to meet global demand ...

PETRONAS Group has responded to the climate change crises by aligning its business goals with global sustainability principles. In 2020, it announced its intentions to achieve Net Zero Carbon ...

Petronas is said to explore sale of $7 billion Canadian business. Petronas Canada operates in the North Montney basin in northeast B.C. and also holds a 25 per cent stake in the LNG Canada ...

Petroliam Nasional Bhd. is considering options for its Canadian company formerly known as Progress Energy Resources Corp., including a sale, according to people familiar with the matter.

Petronas’ second-quarter 2022 revenues were 93.3 billion ringgit compared with 57.1 billion ringgit for the same period of 2021, mainly due to the favourable price impact for all products and ...

Petronas has acknowledged that it needs to pivot towards renewable energy in the long run, but that its core business of hydrocarbon production is still needed for energy security. Last year, the oil ...

The Canadian business, formerly known as Progress Energy Resources, was acquired by Petronas in 2012 for approximately $5.3bn, enhancing the company's shale gas assets and gas supplies.

Petronas’ upstream sector recorded average daily production of 2.425 million barrels of oil equivalent per day for the first half of 2022, higher than the 2.345 million boepd recorded in the ...