Malaysia’s state energy company Petronas has launched an oil and gas tender for five exploration blocks in the offshore Malay and Penyu Basins, and the Sandakan Basinthe company said in a statement.

The KAO, jointly launched by the Sabah Government and PETRONAS on Feb 28, provides a three-year roadmap outlining upcoming upstream, downstream, gas, and maritime activities in Sabah. It aims to ...

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Gas Utilities industry in Asia.

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) will maintain all its contractual obligations, Prime Minister Anwar Ibrahim said, after talks over gas distribution with Petroleum ...

Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago, amid ...

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Gas Bhd (PGB) recorded a higher net profit of RM1.84 billion in the financial year ended Dec 31, 2024 (FY2024) compared to RM1.82 billion in the same period ...

Under Malaysia’s Petroleum Development Act (PDA) 1974, Petronas has exclusive control over exploration and distribution of the country’s oil and gas resources. (File photo: Reuters/Chris ...

Petronas signed production sharing contracts ... Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion ...

Petronas operates one of the world’s biggest LNG terminals in Bintulu, in eastern Malaysia, and sources a bulk of its gas supply from the hydrocarbon-rich Borneo state. Last year, Abu Dhabi ...

MALAYSIA’S Petroliam Nasional is in talks with banks for a potential loan to fund a liquefied national gas (LNG) project, according to sources familiar with the matter. The state-owned company, ...