Petronas Evaluating Rightsizing Efforts
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still evaluating its workforce rightsizing exercise, which will also involve a top-to-bottom approach.
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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).
Bursa Malaysia Ends Lower Amid Cautious Regional Sentiment
KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended lower for the second consecutive day on Thursday, dragged down by weakness in selected Petronas-related, telco and banking heavyweights, reflecting the cautious sentiment that continues to weigh on regional markets.
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.
Petronas Concludes MBR 2024 With Signing Of Two PSCS
KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.