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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
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024