The national oil company aims to raise its overseas revenue share to 60% in the next decade as it adapts to evolving market and regulatory conditions.

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the ...

With Brent crude prices hovering around US$65 per barrel and expectations that this modest environment will linger, Petroliam Nasional Bhd (PETRONAS) is rethinking how it runs its business.

Petroliam Nasional Bhd (Petronas) continues to review its asset portfolio periodically, with parameters continuously adapted ...

Malaysia’s sovereign rating may drop and Putrajaya would likely pay more for national debt interest, currently at RM48 billion per annum, if Petroliam Nasional Berhad’s (Petronas) contribution to the ...

FMT highlights how Petronas’s decision to rightsize paves the way for greater agility and success, empowering the company to thrive in an ever-evolving landscape.

Suriname soaring Meanwhile, spending in Suriname is soaring, with TotalEnergies, Shell, Chevron and Petronas all making plays. Total recoverable resources in Suriname are 2.2Bn boe, which Rystad ...

Meanwhile, Petronas said the agreement reflects its commitment to responsible energy development, with built-in provisions supporting domestic workforce participation and social investment sustainably ...

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil reserves at its offshore Block 52 in Suriname, state company Staatsolie ...

Fugro's Positioning Services for Petronas' Suriname Drilling Program Dutch offshore services company Fugro has said it has won a contract with Malaysia's Petronas, to provide positioning services for ...