EconomyFeaturedMalaysia’s Petronas to fight for seizure of Luxembourg assetsIFM CorrespondentJuly 14, 2022July 14, 2022 by IFM CorrespondentJuly 14, 2022July 14, 2022 Malaysian Prime Minister Ismail Sabri Yaakob vowed to appeal the French court's decision.... Read more
FeaturedOil & GasBrazil auctions two large oil blocks, raises $2 bnIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 Total, Shell, Petronas and Petrobras among the winning bidders... Read more
FeaturedOil & GasPetronas signs deal to supply carbon-neutral LNG to China’s ShenergyIFM CorrespondentOctober 1, 2021October 1, 2021 by IFM CorrespondentOctober 1, 2021October 1, 2021 Petronas will make the delivery between October and March next yearPetronas will make the delivery between October and March next year... Read more
FeaturedOil & GasPetronas discovers new oil and gas in MiriAshwini sekarMarch 31, 2021 by Ashwini sekarMarch 31, 2021 It is located in the shallow waters of the Balingian province in offshore Miri, Sarawak... Read more
FeaturedOil & GasShell mulls divesting non-operated assets in MalaysiaPritam BordoloiMarch 15, 2021 by Pritam BordoloiMarch 15, 2021 This is a part of its continuous global portfolio rationalisation... Read more
FeaturedOil & GasConocoPhillips secures contract for shallow-water blockWebAdminFebruary 22, 2021 by WebAdminFebruary 22, 2021 ConocoPhillips has secured the contract with 85 percent interest, while Petronas Carigali, the sole partner of Petronas on the offshore block, holds 15 percent... Read more
EnergyFeaturedPetronas mulls exiting Gharraf oilfield in Iraq: CEOPritam BordoloiOctober 19, 2020 by Pritam BordoloiOctober 19, 2020 The oil giant operates the Gharraf oilfield with a 45 percent stake... Read more
EnergyFeaturedSiemens to supply equipment for Petronas’ Gas Field Development ProjectPritam BordoloiJune 4, 2020 by Pritam BordoloiJune 4, 2020 The project is developed in the South China Sea, offshore Sarawak in Malaysia... Read more
FeaturedOil & GasPetronas to cut costs after Q1 profit slumps by 68%Pritam BordoloiMay 25, 2020 by Pritam BordoloiMay 25, 2020 Petronas will cut capex by 21pc and operating costs by 12pc this year... Read more
EnergyFeaturedPetronas to commit 5% of expenditure for renewable energyPritam BordoloiJanuary 23, 2020January 23, 2020 by Pritam BordoloiJanuary 23, 2020January 23, 2020 Demand for gas to increase by 3.5% to 4% each year over the next five years... Read more