For the financial year ending 31 December 2024, Petronas reported net profit of RM55.1bn ($13.02bn), a significant decrease of 31.7% from RM80.7bn the previous year.

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.

Malaysia's Petronas to cut 10% of workforce, not exiting Canada, CEO says. By Ashley Tang. June 5, 2025 10:08 AM UTC Updated June 5, 2025 A logo of Petronas is seen at their office in ...

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.

Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive . Tuesday, July 8, 2025.

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

KUALA LUMPUR -- Malaysia's state oil company Petronas is preparing to cut 10% of its workforce globally, or about 5,000 jobs, in a sweeping restructur ...

Malaysia's National Energy Transition Roadmap estimates that the transition to a lower carbon economy could create up to 310,000 jobs by 2050, Petronas noted. To contact the author, email andreson ...

Malaysian state energy company Petronas has reportedly announced plans to reduce its workforce by 10% in response to the challenging operating conditions in the oil and gas sector, particularly ...

Petroliam Nasional Bhd (PETRONAS) will be cutting about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices.