Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly ...

Petroliam Nasional Berhad (Petronas) made an oil discovery in a Suriname block co-owned with Exxon Mobil Corp., the Malaysian state-owned company has announced. The Roystonea-1 exploration well in ...

Petronas announced two separate discoveries on Wednesday; Hidayah-1, an oil discovery offshore Indonesia, and Dokong-1, a gas discovery offshore Malaysia. Petronas announced two separate discoveries ...

Hat Yai Flooding Catastrophe a Massive Blow to Thailand’s PM Anutin Malaysia’s state-owned energy giant has benefited from the global spike in oil and gas prices, but its long-term future is less ...

KUALA LUMPUR (Reuters) - Petroliam Nasional Bhd (Petronas) plans to cut spending by up to 50 billion ringgit ($11.4 billion) over the next four years and review its business structure in response to ...

Malaysia's state energy firm Petronas said on Tuesday that it anticipates recovery in oil demand from the impact of the coronavirus pandemic to remain fragile and uncertain in the next few years. Adds ...

Dragon Oil (International) Ltd, a wholly owned subsidiary of the Emirates National Oil Company (ENOC) – Government of Dubai, has signed a Memorandum of Understanding (MoU) with Malaysia’s PETRONAS, ...

A unit of Malaysia’s energy giant Petronas has sued South Sudan for allegedly blocking its planned $1.25 billion oilfields sale to Savannah Energy and instead taking over the producing assets.

SINGAPORE, Oct 1 (Reuters) - * The official selling price (OSP) of a basket of September-loading Malaysian crude oil grades has been set at $68.57 a barrel, the highest since July, Malaysian state oil ...

Malaysia’s national oil and gas company Petronas is planning this year to launch a new energy transition entity and will also establish a carbon management unit, but both in parallel with growing its ...

June 11 (Reuters) - Malaysia's state-owned oil and gas company Petroliam Nasional Berhad (Petronas), founded in 1974, controls and owns the country's entire oil and gas resources. In an exclusive ...

Malaysia state oil firm Petroliam Nasional Berhad, or Petronas, on Wednesday said it has made an oil discovery at the Hidayah-1 exploration well in Indonesia through its subsidiary PC North Madura II ...