A source claims Petros wants to be the ‘middleman’ between Petronas and end users in the state, which will disrupt the national oil company’s existing commercial agreements.

The former law minister says the state will not be able to develop its oil and gas sector on its own and will be reliant on ...

While Sarawak “accepts” Malaysia’s Petroleum Development Act (PDA) 1974 - which stipulates that Petronas has exclusive control over exploration and distribution of the country’s oil and ...

PUTRAJAYA: Malaysia's dependence on the annual dividends of national oil and gas company PETRONAS as a source of revenue for ...

Petroliam Nasional Bhd (Petronas) said it is waiting for the details of discussions between the federal government and Sarawak state government on ...

Petroliam Nasional Bhd (PETRONAS) is determined to continue creating long-term sustainable value for its shareholders besides providing energy security reliably amid the current challenging operating ...

Petroleum Sarawak Bhd (Petros) has submitted a proposal to Petroliam Nasional Bhd (Petronas) regarding potential cooperation ...

Afzanizam Rashid says oil and gas investors will need to know with certainty the regulatory framework governing projects in ...

A recent deadlock in talks between Petronas and Petros, run by the state of Sarawak, home to more than 60% of Malaysia's gas reserves, stirred concern over the likely impact on the revenues of the ...

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

DAP, an opposition party in Sarawak, says it is prepared to work with the state’s ruling coalition in its dispute with the federal government over its oil and gas rights. Sarawak DAP Youth ...

Meanwhile, Malaysian Prime Minister Datuk Seri Anwar Ibrahim has stated that Petronas will continue to uphold all of its current domestic and international contractual obligations in Sarawak ...