Petronas has paid out RM529 billion to the government in the form of dividends, taxes, petroleum revenue and export duties. In 1985, Petronas bailed out Bank Bumiputra with a Rm2.5 billion infusion.

The difficult engagement between Petronas and Sarawak government now gained public attention and led a lawyer to privately express concern on the fate of Petronas if Sarawak were to get its way.

Malaysia’s Prime Minister Anwar Ibrahim said on Sunday he was confident that a dispute between energy company Petronas, owned by the federal government, and Petros, owned by the state of Sarawak ...

KUALA LUMPUR, May 4 — Prime Minister Datuk Seri Anwar Ibrahim expressed strong confidence today that the ongoing dispute between Petronas and Petroleum Sarawak Berhad (Petros) will be resolved fairly ...

If Petronas adheres to federal law while Sarawak enforces state law, it creates legal ambiguity that necessitates either a federal-state legal resolution or court action,” he said.

Machang MP Wan Ahmad Fayhsal urges a ‘win-win’ solution to oil royalty disputes, saying any solution reached must not come at the expense of Petronas’s strength.

Petronas has 20-year deals for 1 mtpa of LNG from Venture Global’s Plaquemines facility and 1.1 mtpa with Cheniere Energy. SEE ALSO. Petronas says still in talks with Sarawak over gas aggregator role.

Malaysia’s Petronas and Commonwealth LNG in talks for term supply, say sources. Commodities. Published 04/29/2025, 09:35 AM. Updated 04/29/2025, 09:00 PM.

A simmering dispute between Petronas and the Sarawak government has reportedly unsettled foreign investors, following a surprise withdrawal by US oil company ConocoPhillips from a major deepwater ...

Commonwealth LNG and Petronas didn’t respond to Reuters’ request for comment; NOTE: Asian Nations Promise to Buy More US Gas to Win Tariff Relief; To view the source of this information click here. To ...

KUALA LUMPUR: Maldives President Dr Mohamed Muizzu, who is on a four-day official visit to Malaysia, visited the iconic Petronas Twin Towers on Tuesday (April 29).