Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the ...

Petroliam Nasional Bhd (Petronas) neither denied nor confirmed news that it is evaluating a sale of its shale oil asset in Argentina, but said that it continuously reviews its business portfolio in ...

Petronas has initiated a process to sell its stake in the La Amarga Chica joint venture, potentially exiting Argentina's Vaca ...

Earlier this month, state-run Nile Petroleum Corp assumed control of PETRONAS’ oil fields and assets – effectively repossessing the Malaysian company’s investment – and announced it would ...

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has commenced oil production from the Banang field - part of the Kapal, Banang and Meranti (KBM) cluster of marginal fields awarded to a consortium ...

Gumusut-Kakap, Shell’s first deep-water project in Malaysia, lies at a depth of 1,200m and began production in 2014. Shell ...

Malaysia’s state energy company Petronas has launched an oil and gas tender for five exploration blocks in the offshore Malay and Penyu Basins, and the Sandakan Basinthe company said in a statement.

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, ...

UK supermajor Shell has flowed first oil from Phase 4 of its deepwater Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project in ...

Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the ...