An executive from Malaysian state energy firm Petroliam Nasional said on Friday that the first cargo from its portion of ...

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Opposition leader Hamzah Zainudin asked why the government demands dividends from Petronas without taking into account the company’s decline in profits and the welfare of its employees.

He was responding to Prime Minister Anwar Ibrahim, who earlier said the move by Petroliam Nasional Bhd (Petronas) to trim its workforce by 10 percent involves mostly contract workers.

PUTRAJAYA: Petroliam Nasional Bhd's (PETRONAS) move to trim its workforce mostly involves contract workers, says Prime Minister Datuk Seri Anwar Ibrahim. "It mostly involves contract (positions ...

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"Yes, most are contract workers," Anwar told the press without elaborating further. His comment comes a day after PETRONAS confirmed the impending retrenchments, describing them as as part of a ...

Malaysia’s energy giant Petronas has boosted its upstream portfolio in Indonesia with the award of two blocks that were offered in the second phase of the 2024 Indonesia petroleum bid round.

Petronas, as the Malaysian state energy firm is known, is working with a financial adviser on a potential disposal, the people said, asking not to be identified because the deliberations are private.

Petroliam Nasional Berhad (PETRONAS) is set to reduce its workforce by 10%, impacting approximately 5,000 employees, as part of efforts to cope with challenging operating conditions and rework its ...