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Petronas right-sizing workforce for survival – GCEO
10 Feb 2025 05:59 GMT
… the gas aggregator role from Petronas in the gas-producing … , the lucrative margins Petronas now enjoys will shrink … oil company since July 2020.
Moving forward, he said Petronas … its oil and gas sale and distribution exposure narrows, Petronas’ long …
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Reports say that Malaysia's Petronas will cut jobs in order to survive.
10 Feb 2025 03:59 GMT
… an agreement between Petronas, the Sarawak government and local gas distributors.
The … negotiations between Petronas Sarawak and Sarawak … that Petronas should not just be a provider of oil and natural gas …
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Malaysia’s Petronas will cease to exist ‘in 10 years’ without slashing jobs, CEO says
10 Feb 2025 02:39 GMT
… move was to ensure Petronas can “continuously contribute to … nation-building”. Petronas has nearly 50,000 … according to its website. Petronas confirmed the media reports … between Petronas and the Sarawak state government on local gas distribution …
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Outlook report offers clues to PETRONAS plans
09 Feb 2025 21:00 GMT
offshore oil platform in the midst of … oil and gas resources of the state, the good news is that Petroliam Nasional … Bhd (PETRONAS) does not risk jeopardising its long- term liquefied natural gas …
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Chong urges Abg Johari to clarify agreement details with Petronas
09 Feb 2025 07:33 GMT
… agreement reached between Petronas and Petroleum Sarawak Berhad (Petros), said … 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 …
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Petronas rightsizes to stay profitable amid margin squeeze, says CEO
08 Feb 2025 01:22 GMT
… Petronas’ rightsizing efforts are to ensure that the national oil … the global oil and gas sector demand that Petronas reinvents itself … national trust fund.
“Petronas is a national oil company (NOC) … that globally, the oil and gas industry’s margin has …
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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 …
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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 …
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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 …
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Authority over distribution of state’s O&G resources belongs to Sarawak, says Abg Jo
10 Feb 2025 06:49 GMT
… decisions over the distribution of oil and gas (O&G) resources … (PDA) 1974, which stipulates that Petroliam Nasional Berhad (Petronas) manages all federal O… this but the production (of oil and gas) within Sarawak’s territory …