-
Chong urges Abg Johari to clarify agreement details with Petronas
09 Feb 2025 07:33 GMT
… the agreement reached between Petronas and Petroleum Sarawak Berhad (Petros), … state’s rights over oil and gas extracted from Sarawak. … for its rights over oil and gas extracted from Sarawak?” … government had surrendered it oil and gas rights to the federal …
-
Petronas rightsizes to stay profitable amid margin squeeze, says CEO
08 Feb 2025 01:22 GMT
… the global oil and gas sector demand that Petronas reinvents itself … .
Since its establishment, Petronas has contributed RM1.5 … trust fund.
“Petronas is a national oil company (NOC) … enshrined under the Petroleum Development Act 1974, Petronas remains fully …
-
Malaysia's Petronas to 'rightsize' workforce to ensure survival, reports say
07 Feb 2025 12:27 GMT
… state government on local gas distribution.
Negotiations between Petronas and Sarawak… and higher technical challenges in oil and gas development projects.
Malaysia expects … , Petronas must not only be a supplier of oil or natural gas but …
-
Rightsizing efforts aimed at ensuring PETRONAS can contribute continuously to nation-building
07 Feb 2025 11:28 GMT
… PETRONAS’ rightsizing efforts are to ensure that the national oil … the global oil and gas sector demand that Petronas reinvents itself … overdue process. "Petronas is a national oil company (NOC) … that globally, the oil and gas industry’s margin has …
-
Sarawak gas deal has limited impact on Petronas earnings, analyst says
07 Feb 2025 09:25 GMT
… government on local gas distribution is likely to dent Petronas' earnings … Petronas' gas revenue comes from liquefied natural gas (LNG), rather than local gas … would allow Petronas to retain its authority over oil and gas distribution in …
-
Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era
05 Feb 2025 02:28 GMT
… and Society of Petroleum Engineers. According to Rahim, gas will remain in … decarbonization goals. Our partnership with Petronas focuses on carbon management solutions … explore solutions that drive sustainable oil and gas production, while also embracing …
-
Tariff tensions return and likely to foster trading - Rystad Energy’s Gas and LNG Market Update
06 Feb 2025 17:42 GMT
… weather in Japan and higher gas prices in Europe.
Meanwhile … , European pipeline gas Dutch Title Transfer Facility … Malaysian state-run energy giant Petronas, typically via its long … 1 terminals.
Norwegian pipeline gas flows to Europe remained …
-
Petronas to Decommission Only Part of Sabah-Sarawak Gas Pipeline
05 Feb 2025 13:10 GMT
… , the national oil and gas company said.
Petronas emphasized that the … supply contracts.
"Petronas remains committed to investing … development of value-adding oil and gas and energy-related … to Bintulu in Sarawak. Petronas revealed plans to decommission …
-
Govt reveals names of six companies to get new oil blocks
05 Feb 2025 11:52 GMT
… to the management of the Petroleum Sector, but declined to … the country’s lucrative offshore oil blocks.
In response, … – TotalEnergies, Qatar Energy, and Petronas; S5 – International Group Investment … the development of the oil and gas industry is conducted in …
-
Petronas-Sarawak gas dispute: LNG excluded in terms agreed by PM Anwar and state premier, says law minister
05 Feb 2025 08:26 GMT
… LUMPUR: Malaysia’s national oil company Petronas’ recognition of Sarawak government- … Under Malaysia’s Petroleum Development Act (PDA) 1974, Petronas has exclusive control … oil and gas resources.
But in February 2024, Sarawak appointed Petros, or Petroleum …