DESPITE a volatile industry environment in 2018, Malaysia’s only Fortune 500 company Petronas managed to post a set of impressive results, partly due to its focus in tightly managing cost and higher oil prices.
Read moreMalaysian Petronas Carigali has awarded contracts for the provision of maintenance, construction and modification services (MCM) at its offshore facilities in Peninsular Malaysia, Sabah and Sarawak to five local contractors.
Read morePETALING JAYA: Petronas Chemicals Group Bhd (PetChem) has recorded its highest net profit since its listing for the financial year ended Dec 31, 2018 (FY18) with a 19.2% growth year-on-year (y-o-y) to RM4.98bil.
Read moreWe are long-term positive on Pengerang due to its strategic location and availability of vacant land. The Pengerang Integrated Petroleum Complex (PIPC) phase 2 development which potentially involves foreign international petrochemical players could kick-start by 2020.
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