The vice president of Petronas, Adnan Zainal Abidin, met with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla to discuss the company’s projects in Egypt and its future plans.
Malaysia's state oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco are expected to sign an agreement to collaborate in Malaysia's Refinery and Petrochemical Integrated Development (RAPID) project.
Saudi Aramco has pulled out of a planned joint venture with Malaysia’s state-owned oil company Petronas, concerning the construction and operation of a major $27b refining and petrochemical project in southern Malaysia.
International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year
The Egyptian government has signed agreements with Malaysia's Petronas and Britain's BG Group to reschedule debt owed by Cairo, the minister of petroleum, Osama Kamal, told reporters on Tuesday.
The first experimental offshore well has been drilled as deep as 1,500 meters north of Damietta in the Mediterranean as research indicated oil and gas reserves in this area, according to a report Petroleum Minister E ...
Petronas' South African unit Engen said on Wednesday it had halted all imports of crude from Iran after deciding the sanctions placed on the Middle Eastern country were a risk to its security of supply.