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 ...

A Petronas spokesperson said the company is committed to its investments in Canada. Petronas bought Progress Energy for about $5.3 billion in 2012, boosting the Kuala Lumpur-based firm’s shale ...

Petronas also holds a 25% stake in the LNG Canada project, a joint venture for liquefied natural gas in which Shell Plc, PetroChina Co. Ltd., Mitsubishi Corp. and Korea Gas Corp. also participate.

"Petronas explores sale of $7bn Canadian business" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good ...

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.

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.

Petronas, as the Malaysian state energy firm is known, is working with a financial adviser on a potential disposal, the people said, asking not to be identified because the deliberations are private.

Petronas’ profits slid 32 per cent in 2024, following a 21 per cent drop in 2023. The challenges are slated to continue in 2025, in part due to a continued decline in Brent crude prices. BLOOMBERG ...

Investing.com -- Petroliam Nasional Bhd., also known as Petronas, is reportedly exploring various options for its Canadian subsidiary, previously known as Progress Energy Resources Corp.

Petroliam Nasional Bhd (PETRONAS) says that it remains committed to its investments in Canada, where it operates the North Montney joint venture upstream gas development.

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

An NGO slammed DAP MP Chong Chieng Jen for urging the Sarawak government to push for a 30 percent equity stake in Petronas, as it would hinder the federal government's financial ability while ...