Petronas CEO warns surging LNG prices risk destroying demand and triggering a market "bloodbath" amid tight winter supplies and Middle East disruptions. He urges increased exploration to prevent deman
Eni and Petronas signed an agreement to develop high-performance bio-gasoline for motorsport using Eni's HVO refining process. The collaboration aims to eventually apply the technology to commercial p
Searah, a joint venture between Eni and Petronas, has commenced construction of an FPSO vessel for its $11.8 billion North Hub project in Indonesia. Production is targeted to begin in 2028 with capaci
Malaysia's finance minister stated Russian oil imports depend on international trading standards, while Petronas expanded its upstream portfolio through new agreements in Turkmenistan.
Malaysia's Petronas confirmed a new offshore discovery in Suriname's Block 52, targeting a final investment decision this year for natural gas reserves. Officials expect the find to fuel future crude
Petronas and JERA signed a 20-year LNG agreement starting 2028, supplying 2 million tons annually. This secures Japan's energy flexibility while leveraging Petronas' expanded production capacity.
Italian Eni and Malaysian Petronas launched the Searah joint venture, integrating upstream oil and gas assets in Indonesia and Malaysia with an initial output exceeding 300,000 barrels of oil equivale
Petronas will supply JERA with 2 million tons of LNG annually for 20 years starting in 2028 to bolster energy reserves amid global uncertainty. The agreement also includes cooperation on fertilizer fe
Italy's Eni and Malaysia's Petronas established Searah, a 50-50 joint venture managing 19 gas assets in Indonesia and Malaysia, targeting sustainable production exceeding 500,000 boe/d within three ye
Eni and Petronas' SEARAH joint venture projects $2.7 billion net income and $6.7 billion revenue by 2030, focusing on natural gas in Malaysia and Indonesia. Operational by late June, the venture secur
Indonesian and Malaysian governments have approved asset transfers to a new Eni-Petronas joint venture managing 19 oil and gas blocks. The companies aim to start operations by July 1 with an initial p
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