PETALING JAYA: TotalEnergies SE has enlarged its upstream portfolio in Malaysia through the acquisition of interests in several offshore blocks from Petroliam Nasional Bhd (PETRONAS).

Malaysia’s Petronas CEO warns of ‘polycrisis’ engulfing energy market with Israel-Iran war Tengku Muhammad Taufik urges region to diversify and scale up its energy portfolio, as oil prices ...

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) remains committed to safeguarding employee welfare amid a global polycrisis and mounting challenges in maximising the country's oil and gas potential.

Petronas, Malaysia's state-owned oil and gas company, will cut about 10 percent of its workforce in a firm-wide restructuring.

Petronas has denied suggestions that it could exit Canada, according to Reuters, though the Malaysian state energy company revealed it would make major cuts to its workforce. Speaking to the media ...

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.

A transaction could value the Canadian business at $6 billion to $7 billion, they said. Petronas may also consider selling a minority stake in the business, depending on valuation, the people said.

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 subsidiaries signed the PCS and will undertake an initial 3-year work commitment including three geological and geophysical studies, as well as the acquisition and processing ...

Sarawak holds about 60 per cent of Malaysia’s gas reserves and accounts for 90 per cent of Malaysia’s liquified natural gas (LNG) exports.

Malaysian oil and gas firm Petronas is in discussions with Indonesia's Pertamina and French energy giant TotalEnergies to develop the offshore Bobara oil and gas exploration block in West Papua, a ...

Malaysia's state-owned energy firm Petronas said on Friday its subsidiary Petronas Carigali had received notices from the Sarawak state government about its activities in the state, with local ...