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PETRONAS Continues To Deliver In 1H2019 Despite Challenging Market Conditions

Last update: 20/09/2019
KUALA LUMPUR, Sept 20 (Bernama) -- PETRONAS today announced an improvement in its earnings for the first half of 2019 compared to the same period last year, driven by the Group’s continued focus on commercial and operational excellence as well as efforts to maximise cash generation despite more challenging market conditions and lower commodity prices.

The first half of 2019 has been dominated by greater price volatility in the oil and gas sector, geopolitical upheavals and protracted trade disputes that threatened to slow economic growth faster than previously expected.

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