Malaysia's state energy firm Petronas will "rightsize" its workforce to ensure its long-term survival amid increasing ...

MALAYSIA’S state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported on Friday (Feb 7), ...

Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its ...

A deal between Malaysia's state energy firm Petronas and the Sarawak government on local gas distribution is likely to dent ...

ConocoPhillips beat Wall Street estimates for fourth-quarter profit on Thursday, as higher production helped offset lower ...

The London-listed miner cut 2025 diamond production guidance as it looks to stabilize supply while clearing its large inventory, he says. De Beers cut prices by 10% to 15% in its last auction of 2024 ...

The work includes upgrades essential to maintaining gas delivery to the subsea production system tied back the Kikeh FPSO.

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Petroliam Nasional Berhad (Petronas) and its subsidiaries are not required to obtain additional licences or follow any extra procedures to operate petroleum activities in Sarawak, other than what is ...

Petronas and the Sarawak government-owned firm Petros have been in talks since July last year to resolve disputes over gas ...

Petroliam Nasional Bhd. recognizes the role of Sarawak’s oil firm as the gas distributor in the Borneo state, though it excludes liquefied natural gas, according to Law Minister Azalina Othman Said.