Tag: Petronas

PETRONAS, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) with the official transfer of operatorship to ConocoPhillips Sabah Gas Ltd., a subsidiary of the global energy company ConocoPhillips. The transfer took effect on 21 January 2025, making ConocoPhillips Sabah Gas Ltd. the […]

PETRONAS, through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an Integrated Basin Study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia. The study leverages advanced 4D modeling and machine learning technologies to analyse the subsurface architecture at both basin and reservoir scales. […]

To celebrate the year-end festivities, PETRONAS presents ‘With Open Hearts’, a film directed by Subashnaveen Balakrishnan that explores the power of embracing all possibilities to progress together as one. Set against the rich, vibrant backdrop of Peranakan culture, the film follows Su Lin, a young girl whose life has always been shaped by her deep […]

PETRONAS Gas Berhad (PGB or the Group) has recorded solid Profit After Tax (PAT) of RM1.50 billion for the first nine months of 2024 (9MFY2024), a 4.8% increase compared to RM1.44 billion posted in the same period last year, on the back of strong operational performance. PGB has announced a third interim dividend of 18 […]

PETRONAS, alongside Southeast Asia’s other leading energy companies, have released a Joint Statement to coincide with the 29th United Nations Climate Change Conference (COP29) calling for a progressive, collaborative and inclusive approach to methane emissions reduction in the region’s energy sector as part of a just energy transition which puts nature, people, lives and livelihoods […]

PETRONAS’ Pengerang Cogeneration Plant (PCP) was named ‘Sustainable Plant of the Year 2024’ at the recent Asian Downstream Summit Awards in Singapore. The awards recognised the successful implementation of an innovative, analytics-driven energy efficiency project that enhances operational efficiency, reduces carbon emissions, and ensures plant reliability. The optimised solution employs a data-driven approach to identify […]

PETRONAS, in collaboration with key players from the Association of Southeast Asian Nations (ASEAN) energy sector, government agencies, and international organisations, today launched the ASEAN Energy Sector Methane Leadership Programme 2.0 (MLP 2.0). Themed “Turning Capacity into Action”, MLP 2.0 builds on the inaugural Methane Leadership Programme (MLP) that ran from June 2023 to October […]

In conjunction with Merdeka and Malaysia Day, PETRONAS presents ‘Penjaga,’ a heartwarming film that celebrates the values that unite and bind our diverse nation. Directed by renowned director Hyrul Anuar, ‘PenJAGA’ captures the essence of Malaysia’s unique culture of caring. It reflects how Malaysians’ collective compassion and understanding contribute to a resilient and harmonious society. […]

PETRONAS Dagangan Berhad (PETRONAS Dagangan) announced strong financial results for the second quarter of 2024 (Q2 FY2024), despite operating in a challenging market environment. For the quarter ended 30 June 2024, PETRONAS Dagangan achieved a record quarterly sales volume of 4.3 billion litres, driven by healthy demand during festive events, successful promotional campaigns and higher […]