He was responding to Prime Minister Anwar Ibrahim, who earlier said the move by Petroliam Nasional Bhd (Petronas) to trim its workforce by 10 percent involves mostly contract workers.

Petronas subsidiaries signed the PCS and will undertake an initial 3-year work commitment including three geological and geophysical studies, as well as the acquisition and processing of 400 sq km ...

Opposition leader Hamzah Zainudin asked why the government demands dividends from Petronas without taking into account the company’s decline in profits and the welfare of its employees.

Petronas, as the Malaysian state energy firm is known, is working with a financial adviser on a potential disposal, the people said, asking not to be identified because the deliberations are private.

Malaysia’s national upstream company Petronas Carigali has awarded compatriot Velesto Drilling a four-year contract to work on two of its production sharing contracts offshore Indonesia ...

Malaysia’s energy giant Petronas has boosted its upstream portfolio in Indonesia with the award of two blocks that were offered in the second phase of the 2024 Indonesia petroleum bid round.

Petronas bought Progress Energy for about $5.3 billion in 2012, boosting the Kuala Lumpur-based firm's shale-gas assets and gas supplies. Image by panimoni via iStock Petroliam Nasional Bhd. is ...

The Trump administration is preparing to ease rules imposed on the largest US banks following the 2008 financial crisis, Politico said, citing people with knowledge of the discussions. Regulators ...

Petronas’ presence was only allowed with Sarawak’s consent because federal laws do not automatically apply to the state unless it was adopted by the state’s legislature, according to SUPP ...

Deputy prime minister Fadillah Yusof said Petronas is relooking its entire operation because of the decline in crude oil prices. Petroliam Nasional Bhd’s (Petronas) move to trim its workforce ...

The NHL's Stanley Cup playoffs are underway, bringing a major change in the overtime format. No more three-on-three play, no more shootouts after five minutes of scoreless play, as happens during ...