KLCCP Stapled Group is the largest listed REIT in Malaysia. It owns landmark properties around the KLCC precinct, including ...

The Kuching High Court has scheduled June 11 to hear the merits of an originating summons brought by Petros against Petronas seeking to injunct the payment of funds to Petronas under a bank guarantee.

This refers specifically to the ongoing dispute (and eventual resolution) between Petronas and Petroleum Sarawak Bhd (Petros), the move by Petronas to restructure (or “rightsize”) its ...

Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international ...

Few fans would associate Formula 1 racing with sustainability, but perhaps incongruously for a sport that glorifies combustion, the league has a goal to reach net-zero carbon emissions by 2030.

Malaysia’s state energy major Petronas needs to slash thousands of jobs to survive beyond 2035. The headcount in administrative functions is a target for reduction. This year, the company has a ...

KUALA LUMPUR :Malaysia's state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global operating environment, local media reported ...

ExxonMobil registered its third-highest earnings in a decade with $34 billion last year along with a 13-percent return on capital employed, which Executive Chair-CEO Darren W. Woods says rises to ...

Menara 3 Petronas and Menara ExxonMobil as part of its property portfolio.[8] The usual practice is that equity REITs will distribute at least 90% of their taxable income to shareholders on an annual ...

SINGAPORE – ExxonMobil Corporation intends to transfer the operations of all assets of two production-sharing contracts in Malaysia to state energy company Petronas, ExxonMobil said on July 20.