BEAMSTART Logo

PETRONAS posts commendable results, to keep energy transition strategy intact

The Star LogoThe Star3h ago

PETRONAS posts commendable results, to keep energy transition strategy intact - The Star

Quick Summary:

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) will keep its focus on ensuring energy security and fostering continued collaboration with stakeholders to safeguard Malaysia’s interests and support nation-building efforts.

Shareholders’ equity increased to RM443.9bil, due profit recorded during the financial period, which was partially offset by dividends declared to shareholders amounting to RM32bil.

Concurrently, it expanded its portfolio in Indonesia through a 20-year extension for the Ketapang Production Sharing Contract (PSC) and a multi-year contract for the Bobara Working Area, while acquiring a 50% share of the Papua New Guinea Petroleum Prospecting License.

More Pictures

PETRONAS posts commendable results, to keep energy transition strategy intact - The Star (Picture 1)

or

Article Details

Author / Journalist: Keith Hiew

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 18:45:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 708 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22373878

View Article Analysis

About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "PETRONAS posts commendable results, to keep energy transition strategy intact" has 708 words across 19 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "PETRONAS posts commendable results, to keep energy transition strategy intact" was covered 3 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 42 news stories per day.

It's most recent story was published 1 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22373878
  • URL: https://beamstart.com/news/petronas-posts-commendable-results-to-172553344967

More News from The Star

Latest Jobs

More Economy News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.