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Motor racing - Petronas aiming to bring back Malaysian Formula 1 GP in 2026 - sources

Motor racing - Petronas aiming to bring back Malaysian Formula 1 GP in 2026 - sources

Petronas, Malaysia's only Fortune 500 company, won naming rights to the SIC for three years in October last year.
Wed Jan 31 2024
Petronas in talks with companies in Japan to develop green tech - Azmin

Petronas in talks with companies in Japan to develop green tech - Azmin

Large Japanese companies are having talks with Petroliam Nasional Bhd (Petronas) for the development of green technology in Malaysia.
Tue May 31 2022
Petronas denies report on taking stake in Sapura Energy

Petronas denies report on taking stake in Sapura Energy

Petroliam Nasional Bhd (Petronas) has categorically denied reports and speculations on purported "talks with the government on a proposal to take a significant stake" in Sapura Energy Bhd (SEB).
Fri Mar 25 2022
Petronas records RM21.0 bln loss in FY20 on RM31.5 bln impairment charges

Petronas records RM21.0 bln loss in FY20 on RM31.5 bln impairment charges

Petronas today reported a group loss after tax of RM21.0 billion for the financial year ended Dec 31, 2020 (FY20) due to net impairment losses totalling RM31.5 billion -- its biggest so far.
Fri Feb 26 2021
Loud boom, tremors in Sabah not caused by Petronas operations

Loud boom, tremors in Sabah not caused by Petronas operations

The loud boom and tremors felt in Sabah were not caused by any of Petroliam Nasional Berhad (Petronas) operations in the state.
Sun Jan 31 2021
Petronas, Sarawak agreement to stimulate OG industry development - PMO

Petronas, Sarawak agreement to stimulate OG industry development - PMO

The commercial settlement agreement signed between the Sarawak government and Petroliam Nasional Bhd (Petronas) today will further stimulate the development of the oil and gas (OG) industry
Mon Dec 07 2020
Government to ensure Petronas able to return to profitability - Tengku Zafrul

Government to ensure Petronas able to return to profitability - Tengku Zafrul

The government is committed to ensuring that Petroliam Nasional Bhd (Petronas) is able to return to profitability, but it depends on world oil prices.
Sun Sep 06 2020
No retrenchments, but salary cuts across the board - Petronas CEO

No retrenchments, but salary cuts across the board - Petronas CEO

National oil company, Petroliam Nasional Bhd today has given assurance that there will be no reduction in the number of employees or retrenchments.
Fri Sep 04 2020
Petronas records low first half performance, strengthens resilience

Petronas records low first half performance, strengthens resilience

Petroliam Nasional Bhd (Petronas) recorded a lower financial performance for the first half of 2020, reflecting the uncertainties faced by the oil and gas industry due to the COVID-19 pandemic.
Fri Sep 04 2020
Petronas refutes report on alleged conflict over tax payment to Sarawak

Petronas refutes report on alleged conflict over tax payment to Sarawak

The national oil company said it remained committed in working closely with its Sarawak counterparts and its stakeholders to reach the best outcome on this matter.
Sat Jun 27 2020
High Court dismisses Petronas application for judicial review to declare Sarawak SST null and void

High Court dismisses Petronas application for judicial review to declare Sarawak SST null and void

A High Court here today dismissed an application by Petroliam Nasional Berhad (Petronas) for a judicial review to declare the State Sales Tax (SST) imposed by the Sarawak Government as null and void.
Fri Mar 13 2020
Sarawak acknowledges Petronas' contribution - Johari

Sarawak acknowledges Petronas' contribution - Johari

Sarawak Chief Minister Datuk Amar Abang Johari Tun Openg has acknowledged national oil corporation Petroliam Nasional Bhd's (Petronas) vast contribution to the state's economy.
Sat Aug 19 2017
RAPID project in Pengerang almost 60% complete - Rahman Dahlan

RAPID project in Pengerang almost 60% complete - Rahman Dahlan

The Refinery and Petrochemical Integrated Development (RAPID) in Pengerang is 60 per cent complete, said Minister in the Prime Minister's Department Datuk Seri Abdul Rahman Dahlan.
Sat Mar 25 2017
Petronas to invest RM18 mil on three CSI programmes in Sabah

Petronas to invest RM18 mil on three CSI programmes in Sabah

Petroliam Nasional Bhd (Petronas) will invest about RM18 million over the next four years to implement three of its corporate social investment (CSI) initiatives in Sabah.
Fri Feb 10 2017
Petronas output cut poses minimal impact to government reserve

Petronas output cut poses minimal impact to government reserve

Second Finance Minister Datuk Johari Abdul Ghani says Petroliam Nasional Bhd's (Petronas) plan to reduce output in January 2017 would not significantly affect the government's reserve.
Thu Dec 22 2016
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024
Why India's toxic farm fire counting method is disputed

Why India's toxic farm fire counting method is disputed

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Tue Nov 26 2024
Divisions on curbing plastic waste persist as UN treaty talks begin

Divisions on curbing plastic waste persist as UN treaty talks begin

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.
Tue Nov 26 2024
Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.
Mon Nov 25 2024
PM encourages South Korean investors to explore opportunities in Malaysia

PM encourages South Korean investors to explore opportunities in Malaysia

Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia.
Mon Nov 25 2024
South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

South Korea prosecutors seek 5-year jail term for Samsung Elec chief in appeals case

Prosecutors allege Jay Y. Lee prioritised personal gain as Samsung's de-facto leader during the merger, harming shareholders and investors.
Mon Nov 25 2024
[COLUMNIST] Vaping: Behind the smokescreen of smoking cessation and healthier alternative

[COLUMNIST] Vaping: Behind the smokescreen of smoking cessation and healthier alternative

The existence of e-cigarettes seems to have merely shifted users from one addiction to another from traditional cigarettes to e-cigarettes.
Mon Nov 25 2024