BP is to sell its interests in ethylene and polyethylene production in Malaysia to Petronas for $363m (£236m) in cash. The agreement covers BP’s 15 per cent interest in Ethylene Malaysia (EMSB) and 60 ...

Malaysia’s Petronas will not sell its 38.5-percent stake in Bataan Polyethylene Corp. (BPC), following the decision of British Petroleum to sell its shares in the firm, government sources said ...

Malaysia’s national upstream company Petronas Carigali is advancing plans to appraise its 2023 Singsing discovery offshore Sarawak, East Malaysia. Singsing, which is located on Block SK 313 in ...

Petronas reported an average daily production of 1.7 million barrels of oil equivalent and said last month it wanted to increase this to 2 million barrels daily over the next three years.

In absolute numbers, Petronas employs a global total of some 52,000 to 53,000 people, of whom some 15,000-16,000 are so-called enablers or administrative personnel. Related: ...

Malaysian state energy company Petronas is considering the sale of its Canadian assets, potentially valued at between $6bn and $7bn, reported Bloomberg, citing people familiar with the matter ...

Petronas CCS Ventures, a subsidiary of the Malaysian oil and gas giant Petronas has signed a term sheet with Mitsui O.S.K Lines, Ltd. Friday, June 20, 2025.

The rights relate to the Kebabangan Cluster, a group of oil, condensate, and gas fields in the state of Sabah, Malaysia, which was earlier jointly operated by units of Petronas, ConocoPhillips and ...