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 ...

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.

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’ 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 posted an after-tax profit of 23.8 billion ringgit ($5.2 billion) for the first quarter of 2023, a 2% decrease from the previous three months. Revenues for the first quarter this year ...

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 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 acquired Progress Energy in 2012 for $5.3 billion to expand its position in North American shale gas and strengthen its global gas supply portfolio. The Canadian business is anchored ...

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.

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.