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Malaysia’s national upstream company Petronas Carigali is advancing plans to appraise its 2023 Singsing discovery offshore Sarawak, East Malaysia. Singsing, which is located on Block SK 313 in ...

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 bought Progress Energy for about US$5.3 billion in 2012, as well as a 25% stake in the LNG Canada project. Stay current - Follow FMT on WhatsApp, Google news and Telegram.

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 ...

Petronas will be cutting its workforce by about 10 percent to reduce costs amid falling crude oil prices and the effect of unpredictable market fluctuations on its profits.

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.

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 ...

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, 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.

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.