Petronas

Petronas Considers Departing from Argentina's Shale Oil Sector, Eyeing Exit Strategy

22 days ago

In a significant shift in its international operations, the Malaysian oil and gas giant Petronas is reportedly contemplating an exit from its shale oil venture in Argentina. This decision signals a re-evaluation of its global investments, particularly in regions characterized by challenging market conditions and rising operational costs.

Petronas Considers Major $1 Billion Loan for Malaysian LNG Project

2 months ago

Petronas, Malaysia's national oil company, is reportedly exploring the possibility of securing a substantial loan exceeding $1 billion to finance its ambitious liquefied natural gas (LNG) project. This initiative is part of the company's broader strategy to enhance its position in the global energy market amidst prevailing economic uncertainties and a shifting energy landscape.

Malaysia Expands Disputed Sea Activity Despite Chinese Pressure

6 months ago

Malaysia has, however, been gearing up with added intensity in the disputed South China Sea, ignoring the continued pressure from China. The southeastern nation increasingly is raising the stakes in its oil and gas exploration activities in asserting claims on parts of the sea that both nations say belong to them.