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Petronas Throws Lifeline For Malaysia’s Oil And Gas Production

Kuala Lumpur, Jan 13- Petroliam Nasional Bhd (Petronas)is undertaking major steps to rejuvenate the oil and gas industry. The move comes in the face of...

Petronas Confident In Bumiputera Firms’ Ability: MOGSC

Kuala Lumpur, Dec 27 - The contracts worth about RM300 billion awarded by Petronas to Bumiputera firms in the last five years show their...

Petronas’ Percentage Contribution To National Revenue To Reduce Gradually: Wahid

Kuala Lumpur, Nov 19 - The percentage contribution from Petroliam Nasional Bhd (Petronas) to the government's total revenue will reduce gradually as the goods...

Petronas Lubricants To Set Up First Blending Plant In India

New Delhi, Oct 23 - Malaysia's Petronas Lubricants International said it will invest US$50 million (RM158.6 million) in a lubricant oil blending plant near...

Petronas Confirms Withdrawal From Carabobo Project

KUALA LUMPUR, Sept 11- PETRONAS  yesterday confirmed that its subsidiary, PC Venezuela Ltd, has decided to withdraw its 11 per cent participation in the...

Petronas Clarifies Misconception That Malaysia Can Produce Cheaper Petroleum

KUALA LUMPUR, Sept 5- Petronas Wednesday clarified there is a common misconception that Malaysia will be able to produce cheaper petroleum products such as...

Petronas To Directly Source Newbuild LNG Ships

KUALA LUMPUR, Aug 2- Petronas has decided to directly procure newbuild liquefied natural gas (LNG) ships to meet its transportation requirements. The move will allow...

Senior Petronas officers charged with bribery and money laundering

KUALA LUMPUR, July 6 Two Petroliam Nasional Berhad (Petronas) senior managers pleaded not guilty in the Sessions Court here today, to accepting bribes amounting...

Petronas Gas Q1 pre- tax profit increase to RM 485.88 mln

KUALA LUMPUR, May 11- Petronas Gas Bhd's pre-tax profit for the first quarter ended March 31, 2013 rose to RM485.889 million from RM446.762 million...

Petronas signs oil deal with Suriname’s state oil company Staatsolie

PARAMARIBO: Suriname's state oil company Staatsolie and Malaysia's Petronas signed a production sharing contract on Friday for an offshore bloc about 130 kms (80...