Tags Posts tagged with "Petronas"

Petronas

Malaysia, Brunei to cut oil production

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Malaysia's state-owned oil giant Petronas will cut oil production in 2017 to between 600,000 and 630,000 barrels per day (bpd), from the average of...
Oil glut: Malaysia’s Petronas to cut $11.4b in spending

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Malaysia's state-owned oil giant Petronas says it will have to slash as much as $11.4 billion in capital and operating expenses over the next...
Survey: Asia-Pacific’s homegrown brands growing to regional giants

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A new ranking by market researcher Nielsen and marketing network Campaign Asia Pacific, called Asia’s Top 1000 brands and released last week, gave insights...
oil-38-326x1591

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Net oil exporter Malaysia and commodity-rich Indonesia are the two nations to suffer most from low oil prices, while Japan will likely have the...
Petronas profit surges 45% in fourth quarter

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Malaysian oil giant Petronas said on March 4 its fourth quarter net profit jumped 45 per cent on strong production, making 2013 "one of...
Petronas pulls out of Vietnam

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Malaysia's state-owned oil and gas giant Petroliam Nasional (Petronas) wants to sell its stakes in five offshore oilfields in Vietnam for a combined $300...
Bullish outlook for Malaysia’s oil & gas industry

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Malaysia’s oil and gas industry will remain competitive with the country being a major regional player with a bullish outlook, the Malaysian Oil and...
Petronas reports gas find off Sarawak’s coast

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Malaysia’s oil and gas giant Petronas has announced a natural gas discovery in Malaysia and an oil strike in an appraisal well in Indonesia,...
Malaysia, Brunei agree on oil cooperation

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Malaysia and Brunei have inked historic deals to jointly drill for oil and gas in the resource-rich waters off the maritime border shared by...
Samsung wins $770 million deal in Malaysia

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Samsung Engineering Co., one of South Korea's largest industrial plant builders, said on December 5 it has obtained a $770 million order for a...
Malaysia government to cash in $43b from Petronas

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Malaysia’s national oil company Petronas is required by 2020 to deliver $43 billion of gross income to the state, a company executive has said....
Myanmar awards contracts for 16 onshore blocks

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Italy's Eni, India's ONGC Videsh and Malaysia's Petronas were among the winners of contracts for 16 onshore energy blocks in Myanmar, an energy ministry...
Petronas exits Venezuela venture

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Malaysia's oil giant Petronas is exiting one of the biggest petroleum projects in Venezuela's Orinoco belt after disagreements with Venezuela's state-run Petroleos de Venezuela...
Malaysian oil and gas sector to keep bullish trend

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Supported by several government initiatives and significant private sector investments, Malaysia’s oil and gas sector registered a 3 per cent increase in volume in...
Malaysia stocks perform well after polls

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Malaysian stocks continued to show a positive path after the May 5 elections in the past two weeks. Stocks rose strongly on fresh investor...
Malaysia set for new consumption tax

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Now that general elections are over, the Malaysian government seems eager to move ahead with the long-delayed goods and service tax (GST) to replace...
Behind the curtain: ASEAN’s 4 most secretive tycoons

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In ASEAN, a highly potent cocktail blending the benefits of export-led economies and under-the-table government support throughout the bloc has bred a nebulous class of tycoons that prefer to enjoy their prosperity in secret.
Philippines’ Petron provoking Petronas

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Petron Corporation, the largest oil refining and marketing corporation in the Philippines, is teasing Malaysia's oil giant Petronas with a confusable rebranding of Malaysian gas stations it acquired from ExxonMobil in 2012.