PETRONAS

Recent Articles

Malaysia's Petronas Cautious On 2017 Even As Quarterly Profit Doubles
Friday, June 02, 2017 Petronas says quarterly profit more than doubled from a year ago.
Malaysia's Sarawak State Govt Seeks 10 Pct Stake in LNG Train
Monday, May 22, 2017 Malaysia's Sarawak state government said it is negotiating with Petronas to acquire a 10 percent equity stake in an LNG production facility.
Malaysia's Petronas Chemicals Posts Higher Profit
Monday, May 15, 2017 "Petrochemical product prices have risen in tandem and demand has also shown some improvement," CEO Sazali Hamzah said in a statement.
Razor-Thin British Columbia Vote Gives Greens Sway on Energy
Wednesday, May 10, 2017 If Premier Christy Clark requires the support of the Greens to govern the Pacific Coast province, she'll be dealing with a party staunchly opposed to Kinder Morgan's Trans Mountain oil pipeline expansion and Petronas' proposed LNG export project.
Petronas and Saudi Aramco Explore Petrochemicals Expansion in Malaysia
Monday, May 08, 2017 Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their joint venture in Malaysia.
Malaysia's Petronas Targets New Markets for LNG
Monday, May 08, 2017 Malaysian oil company Petronas is looking to tap new markets to sell LNG, including as fuel for ships, the head of its upstream operations told Reuters on Monday.
PETRONAS Sets April Crude Price Factor At $3.50/bbl
Monday, April 17, 2017 Petronas has set the price factor for Malaysian Crude Oil (MCO) for April at $3.50 per barrel, down 70 cents.
TransCanada Seeks Pipe Approval Linked To Petronas LNG Terminal
Monday, March 20, 2017 Transcanada has secured shippers' commitment for a pipeline associated with Petronas' pending Pacific NorthWest liquefied natural gas terminal in western Canada
PETRONAS CEO: Industry Needs to Advocate for Benefits of Gas
Wednesday, March 08, 2017 PETRONAS CEO Datuk Wan Zulkiflee Wan Ariffin and Tellurian's Charif Souki say more advocacy is needed on behalf of gas benefits in order to meet global demand growth.
Malaysia's Petronas Says RAPID Project Remains On Track
Friday, January 27, 2017 Malaysia's state oil firm Petroliam Nasional Berhad (Petronas) is pushing ahead with plans to start operations in 2019 at a large refining and petrochemical complex in the southeast of the country.
Sources: Saudi Aramco Shelves Plan For Venture With Malaysia's PETRONAS
Wednesday, January 25, 2017 Saudi Aramco shelves plans for a multi-billion-dollar refining and petrochemical joint venture with Malaysia's PETRONAS.
Total, Shell, Eni Eligible to Bid for New Iran Oil, Gas Projects
Tuesday, January 03, 2017 The National Iranian Oil Company (NIOC) revealed that several European oil and gas companies will be eligible to bid for the country's new oil and gas projects.
Petronas Said to Eye New Site in $27 Billion Canada LNG Plan
Wednesday, December 28, 2016 Malaysia's Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada.
Malaysia's Petronas To Study Two Oilfields In Iran
Thursday, December 22, 2016 Petroliam Nasional Berhad inked a deal to study two oilfields in Iran with the National Iranian Oil Company (NIOC).
Malaysia's Petronas To Cut 2017 Oil Output By Up To 20,000 Bpd
Wednesday, December 21, 2016 Petroliam Nasional Bhd will trim crude output by up to 20,000 barrels per day in 2017, down about 3% from this year's estimated production, honouring the country's commitment to reduce supply.
Malaysia's Petronas To Adjust Output After Oil Cut Deal
Tuesday, December 13, 2016 Petroliam Nasional Bhd said on Tuesday it would adjust crude oil production in line with an agreement between OPEC and non-OPEC producers to reduce global supply.
Petronas Achieves First Gas at Floating LNG Facility
Thursday, November 17, 2016 Malaysian state-owned oil firm Petroliam Nasional Bhd achieves first gas this week for its first floating liquefied natural gas (LNG) facility in offshore Sarawak, east of the country.
Petronas Profit Jumps Quarter-On-Quarter On Lower Impairment Costs
Wednesday, November 16, 2016 Petroliam Nasional Bhd (Petronas) says its 3Q profit after tax rose to 6.1 billion ringgit ($1.40 billion) from 1.6 billion in the second quarter.
Technip Awarded Subsea Contract in Malaysia
Friday, October 14, 2016 Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of PETRONAS, to support the Samarang Redevelopment Project Phase 2 EOR in Malaysia.
MISC's MaMPU1 to Commence Ops at Vestigo's Anjung Kecil Field Off Sarawak
Friday, September 30, 2016 MISC says its newly converted Marginal Marine Production Unit (MaMPU1) will commence operations shortly at the Anjung Kecil oil field off Sarawak, Malaysia.