For the next three years, Petronas’ decommissioning plans include the plugging and abandonment of approximately 153 wells and the abandonment of about 37 offshore facilities ...

Petronas and the Mercedes-AMG Petronas F1 Team agreed to launch a South-South initiative to study carbon capture and storage in mangrove ecosystems.

Petronas signed a deal with Eni to combine their upstream assets in Malaysia and Indonesia and separately penned multiple agreements with TotalEnergies for several Malaysian and Indonesian blocks.

Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices.

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 signed Production Sharing Contracts (PSCs) for Serpang and Binaiya Working Areas offshore Eastern Java and Eastern Indonesia.

Malaysian state oil firm Petronas is in discussions with Indonesia's Pertamina and French energy group TotalEnergies to form a partnership for the development of the Bobara oil block in Indonesia ...

Malaysia’s state energy major Petronas needs to slash thousands of jobs to survive beyond 2035. The headcount in administrative functions is a target for reduction.

Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday ...

Petronas, Malaysia's state energy giant, is considering selling a minority stake in its renewable energy subsidiary Gentari to fund expansion plans.

Petronas signed production sharing contracts for three clusters of discovered resource opportunities offshore Peninsular Malaysia.