News

BW LPG India secures USD 215 million term loan to fund vessel acquisition. Find the latest news from the maritime industry on the PortNews website.
Dorian LPG (LPG) ended the recent trading session at $24.98, demonstrating a -1.03% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.52%. Elsewhere ...
Petronas has denied suggestions that it could exit Canada, according to Reuters, though the Malaysian state energy company revealed it would make major cuts to its workforce. Speaking to the media ...
Petronas has signed a production sharing contract (PSC) for Block 66 offshore Suriname. The agreement, signed by Petronas subsidiary Petronas Suriname E&P BV (PSEPBV), was signed with Staatsolie ...
Petronas and the Mercedes-AMG Petronas F1 Team agreed to launch a South-South initiative to study carbon capture and storage in mangrove ecosystems.
Petronas signed a deal with Eni to combine their upstream assets in Malaysia and Indonesia and separately penned multiple agreements with TotalEnergies for several Malaysian and Indonesian blocks.
Malaysian state energy company Petronas and Italian energy group Eni said on Tuesday they were pressing ahead with a planned joint venture to develop gas assets in Indonesia and Malaysia with the ...
TotalEnergies agreed to acquire additional stakes in multiple natural gas blocks offshore Malaysia and one block offshore Indonesia from Malaysia's national producer Petronas.
Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices.
Petroliam Nasional Bhd. is considering options for its Canadian company formerly known as Progress Energy Resources Corp., including a sale, according to people familiar with the matter.
Petronas acquired Progress Energy in 2012 for $5.3 billion to expand its position in North American shale gas and strengthen its global gas supply portfolio.
Petronas signed Production Sharing Contracts (PSCs) for Serpang and Binaiya Working Areas offshore Eastern Java and Eastern Indonesia.