Tag Archives: Petronas

#KiniTrending | Petroliam Nasional Berhad (Petronas) celebrates the story of Gawai in this short story about Hardy Barnabas, who was away from home in Sarawak for the last 10 years, finally made his way home to celebrate Gawai. Celebrate diversity. Celebrate Malaysia. It's always good to be bac …

Petronas never asked to consider TRX development – FREE Petronas says it was never asked to look at the TRX development. http://owl.li/2YX7Gt Petronas never asked to consider TRX developmentowl.liFREE Petronas says it was never asked to look at the TRX development. Malaysiakini’s Faceboo …

New Petronas CEO denies reports of salary cuts and retrenchment. Petronas CEO denies reports of staff pay cutswww.kinibiz.comMalaysian state oil firm Petroliam Nasional Bhd (Petronas) on Wednesday denied a media report that said staff at one of its units were asked to take a pay cut due to the plung …

Petronas fourth quarter earnings fall 27 percent With these results, it will pay a dividend of RM2 billion for 4QFY14. Petronas fourth quarter earnings fall 27 percent Malaysiakini’s Facebook Wall

Petronas will not be laying off any of its workforce, despite targeting to slash operating expenditure (opex) by an estimated 30%, said Shamsul Azhar Abbas, its CEO. No layoffs despite 30% opex cut target, say Petronaswww.kinibiz.comDeparting chief executive officer Shamsul Azhar Abbas says the stat …

Petroliam Nasional Bhd’s (Petronas) profit after tax plunged 27% for the full financial year 2014 (FY14) to RM47.6 billion, partly due to RM22.6 billion impairments and collapse of crude oil prices. Petronas' earnings fall 27% on RM22 bil write-offwww.kinibiz.comPetroliam Nasional Bhd's (P …

Petronas has decided to delay its FID (final investment decision) on the RM100 billion liquefied natural gas project in British Columbia at least until June this year, said outgoing CEO Shamsul Azhar Abbas at a press conference. Petronas delays decision on RM100 bil Canadian projectwww.kinibiz.comPe …

Petronas eats RM4bil humble pie KINIBIZ The firm’s U-turn is a sign the oil crisis is forcing Petronas’s hand. Petronas eats RM4bil humble pie Malaysiakini’s Facebook Wall

Petronas Gas registered a higher profit before tax of RM2.4 billion for its financial year ended Dec 31, 2014 compared to the RM1.9 billion recorded a year ago. PetGas' PBT for FY14 rises to RM2.4 bilwww.kinibiz.comPetronas Gas Bhd (PetGas) registered a higher profit before tax (PBT) of RM2.4 b …

YOURSAY | Start the ball rolling and quit Petronas, Dr M: 'Your main legacy is that nothing matters but holding on to power.' Full story: http://www.malaysiakini.com/news/289148 [FREE] Start the ball rolling and quit Petronas, Dr Mwww.malaysiakini.comFREE YOURSAY 'Your main legacy is …

Petronas may slash capital expenditure even more than it has signalled because the continuing rout in oil prices has hurt revenue, with domestic spending facing cuts of about 30%, sources said. Petronas may slash domestic investment by 30%www.kinibiz.comPetronas may slash capital expenditure even mo …

National oil and gas company Petronas has been warned of more protests and blockades if it starts supplying liquefied natural gas (LNG) to South Korea and Japan from next month. “This is because the villagers in my constituency of Ba’Kelalan are fearful of their safety as they are residing close to …

Petronas and the federal government have given Sarawak a raw deal in oil and gas participation compared to what is being given to Sabah, said Sarawak PKR Vice-chairperson See Chee How: http://www.malaysiakini.com/news/283219 “Obviously Sabah has outwitted Sarawak in asking for production sharing con …

Under the agreement, Petronas will pay US$ 635 million (RM2.1 billion) in cash with adjustment at completion. Petronas to acquire Phillips 66 stake in MRC for RM2.1 bilwww.kinibiz.comPetroliam Nasional Bhd (Petronas) will acquire Phillips 66 Asia Ltd's 47% interest in Malaysian Refining Co Sdn …

Far from the gleaming Petronas Twin Towers, life in the most interior of Sabah and Sarawak is like “living in a time-lapsed world”. Beyond the lack of amenities like electricity and potable water, NGO Lightup Borneo said that rural communities also live an “incommunicado existence”, with their pligh …