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 ...

Petroliam Nasional Bhd. (Petronas), through Malaysia Petroleum Management (MPM), has introduced what it calls an Integrated Well Continuity Services contract, as well as announced plans to ...

A Petronas spokesperson said the company is committed to its investments in Canada. Petronas bought Progress Energy for about $5.3 billion in 2012, boosting the Kuala Lumpur-based firm’s shale ...

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 ...

PRPC Polymers Sdn. Bhd., a subsidiary of Petroleum Nasional Bhd.'s (Petronas) majority-owned Petronas Chemicals Group Bhd., has let a contract to LyondellBasell Industries NV to deliver ...

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: ...

Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international ...

The plant, with 400,000 metric tonnes per annum capacity, would produce a range of multimodal HDPE products, complementing Petronas polyethylene portfolio, upon completion.

Petronas posted profit of 23 billion ringgit ($5.1 billion) in the three months ended June, versus 9.6 billion ringgit a year earlier, the company said in a statement on Tuesday.

Energy issues are on the rise before the bell, lifted by a rise in oil prices on the back of strong Chinese manufacturing data. BP plc ( BP) said it will sell its Malaysian interests in ethylene ...