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 on Friday, citing ...

Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

Petroliam Nasional Bhd. recognizes the role of Sarawak’s oil firm as the gas distributor in the Borneo state, though it excludes liquefied natural gas, according to Law Minister Azalina Othman Said.