Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago, amid global volatility and lower oil prices from geopolitical tension and ...

Petronas has nearly 50,000 employees, according to its website. Petronas confirmed the media reports in an email response to Reuters, and said the number of affected employees was not mentioned ...

Petroliam Nasional Bhd (PETRONAS) is determined to continue creating long-term sustainable value for its shareholders besides providing energy security reliably amid the current challenging operating ...

Malaysia’s energy behemoth Petronas intends to start cutting its workforce in phases from the second half of this year and, reportedly, management will not be spared. Speaking to media after the ...

Petronas’ website states the basin contains three blocks in Peninsular Malaysia — PM 320, PM 321 and PM 422 — and also encompasses parts of northwest Sumatra, Indonesia, and Peninsular Thailand.