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Petronas-Petrovietnam Cooperation Expected To Be Formalised In May -- PM Anwar

HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.

Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties

KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).

Petronas Waiting For Details On Cooperation With Petros

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on the scope of cooperation between the national oil firm and Petroleum Sarawak Bhd (Petros).

Destini Bhd’s Unit Secures Contract Worth RM10 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

Global Gas Industry Takes Leading Role In The Rise Of Global Energy Demand - IGU

KUALA LUMPUR, Feb 25 (Bernama) -- The global gas industry is taking a leading role in identifying new ways to meet the global energy demand needs that continue to increase.

Petronas Chemicals Drops 8.69 Pct On Lower FY2024 Profit

KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Chemicals Group Bhd (PCG) shares fell in early trade on Bursa Malaysia after reporting a lower net profit for the financial year ended Dec 31, 2024 (FY2024).

Federal Govt And Sarawak To Detail Petronas-Petros Scope Of Cooperation - PM Anwar

BANGI, Feb 22 (Bernama) -- The federal government will meet the Sarawak state government to detail the scope of cooperation between Petroleum Sarawak Bhd (Petros) and Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

PCG Records Lower Net Profit In FY2024, Declares 3.0 Sen Second Interim Dividend

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Chemicals Group Bhd’s (PCG) net profit fell to RM1.175 billion in the financial year ended Dec 31, 2024 (FY2024) from RM1.696 billion in the preceding year.

Bargain-hunting Lifts Bursa Malaysia Higher At Midday

KUALA LUMPUR, Feb 21 (Bernama) -- Bargain hunting in index-linked stocks lifted the key index higher at midday today, with industrial products and services stocks leading the gains, mirroring the positive trend across most Asian markets.

Petronas Dagangan's Shares Emerge As Top Gainer In Early Trade, Up 5.5 Pct

KUALA LUMPUR, Feb 21 (Bernama) -- Petronas Dagangan Bhd’s (PetDag) shares on Bursa Malaysia emerged as the top gainer in early trade, rising 5.5 per cent, after posting stronger results in the financial year ended Dec 31, 2024 (FY2024).

Petronas Dagangan Records Stronger Performance In FY2024, Declares 45 Sen Dividend

KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.