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20 Feb 2017

Petronas considers $1 billion stake sale in offshore gas project

Malaysian state-owned oil and gas firm Petronas is aiming to sell a large minority stake in a prized upstream local gas project for up to $1 billion as it seeks to raise cash and cut development costs, two sources familiar with the matter said.

25 Mar 2016

Former Malaysian PM Abdullah named new Petronas adviser

Former Malaysian Prime Minister Abdullah Ahmad Badawi was appointed as adviser for state oil firm Petroliam Nasional Bhd (Petronas), replacing another former premier Mahathir Mohamad who was fired from the post two weeks ago

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