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Petronas has found more parts of its extensive underground gas pipeline system that could be vulnerable to the same issues ...

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.

Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said on Thursday.

Petronas bought Progress Energy for about US$5.3 billion in 2012, boosting the Kuala Lumpur-based firm’s shale-gas assets and gas supplies. Petronas also holds a 25 per cent stake in the LNG Canada ...

Petroliam Nasional Bhd's (Petronas) president and group chief executive officer Tengku Taufik Tengku Kamadjaja Aziz has reiterated that the company is not exiting Canada. “Canada is not on an ...

Petronas’ profits slid 32% in 2024, following a 21% drop in 2023. The challenges are slated to continue this year, in part due to a continued decline in Brent crude prices.

Bersatu vice-president Radzi Jidin today reminded the government that redundancies affect all categories of workers, regardless of whether they are contract staff or permanent employees.

BEIJING: Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas ...

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KUALA LUMPUR (Reuters) -Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said on Thursday. Local ...