HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Apr.2025) â Petronas Energy & Gas Trading Sdn. Bhd. (PEGT) has taken proactive steps to minimize the impact […]
Tag: Petronas
Vista Energy acquires Petronas Argentina in $1.5bn deal, boosting Vaca Muerta position
MEXICO CITY, MEXICO (Editors at Energy Analytics Institute, 16.Apr.2025) â Vista Energy, S.A.B. de C.V. announced that its subsidiary Vista Energy Argentina S.A.U has acquired […]
Eni and Petronas Combination to Create new Southeast Asian Energy ‘Major’
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) â Italy’s Eni SpA and Malaysia’s national oil company Petronas announced plans to combine select upstream assets […]
Petronas Transfers KBBC PSC Operatorship to ConocoPhillips
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) â Petronas, through Malaysia Petroleum Management (MPM), marked a milestone in the strategic development of the Kebabangan […]
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) â Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah […]
Staatsolie Provides Highlights of Key 2024 Activities
PARAMARIBO, SURINAME (Staatsolie, 30.Dec.2024) â With the approval of the development plan and the announcement of the final investment decision (FID) for a production field […]
YPF and Shell Ink PDA for $55bn Argentina LNG 10 MTPA Phase 1
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 19.Dec.2024) â YPF SA president and CEO Horacio MarĂn, and Shell‘s executive vice resident of LNG Cederic […]
Shell inks deal in The Hague to enter Argentina LNG
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 19.Dec.2024) â Shell plc signed a major development agreement for the ambitious Argentina LNG export project. The deal […]
The Vaca Muerta Gas-export Plan is a Pipe Dream
(Reuters, 21.Nov.2024) â Natural gas production is booming in Argentinaâs vast Vaca Muerta shale lands, but full pipelines and the government’s free-market approach to paying […]
ExxonMobil Withdraws from Suriname Block 52
(Piero Stewart, Energy Analytics Institute, 20.Nov.2024) â ExxonMobil Exploration & Production Suriname B.V. formally notified Suriname’s state-owned Staatsolie that it will withdraw from Suriname offshore Block […]
Tecpetrol and Pampa EnergĂa Move Forward with Plans for BahĂa Blanca
(Energy Analytics Institute, 29.Oct.2024) â Vaca Muerta shale formation producers Tecpetrol and Pampa EnergĂa are reportedly moving forward with plans to utilize the BahĂa Blanca […]
LatAm NRG Matters: Highlights, Heard
(Energy Analytics Institute, 27.Sep.2024) â LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024. âArgentina: Petronas is rumored […]
YPF CEO MarĂn Downplays Petronas Drama
BELIZE CITY, BELIZEÂ (Aaron Simonsky, Energy Analytics Institute, 24.Sep.2024) â YPF President and CEO Horacio MarĂn downplayed the impact of Petronas deciding not to move forward […]
PETRONAS and SIM Distribuidora to Pilot Three Fuel Stations in Brazil
(Petronas, 1.Aug.2024) â Petroliam Nasional Berhad (Petronas) launched its first brand licensing initiative in partnership with SIM Distribuidora, that will operate three pilot fuel retail […]
PETRONAS, Enilive and Euglena Take FID on Biorefinery in Malaysia
(Eni, 26.Jul.2024) â Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.), and Euglena Co., Ltd. have reached the final investment decision […]
Petronas Discovery in Suriname Approaches 400 MMbbls
(Petronas, 16.May.2024) â Addressing the recent deepwater discovery by Petronas in Suriname, Mark Oberstoetter, Head of Americas (non-L48) Upstream, said âWe understand Roystonea and Fusaea’s […]
Petronas, ExxonMobil Report Find in Suriname’s Offshore Block 52
(Petronas, 16.May.2024) â Petronas Suriname E&P B.V., a subsidiary of Petronas, has made a third hydrocarbon discovery in Block 52 at the Fusaea-1 exploration well […]
PETRONAS Signs PSC for the Bobara Working Area, Eastern Indonesia
(PETRONAS, 14.May.2024) â PETRONAS E&P Bobara Sdn. Bhd., a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) for the Bobara Working Area located at […]
PETRONAS Signs a 20-Year PSC Extension Deal for Ketapang Contract Area
(PETRONAS, 14.May.2024) â IPC Ketapang II Ltd. (PCK2L), a subsidiary of PETRONAS, signed a Production Sharing Contract (PSC) extension for the Ketapang Contract Area located […]
PETRONAS Comments on Power Loss at LNG Complex in Bintulu
(Energy Analytics Institute, 14.May.2024) â PETRONAS subsidiary Malaysia LNG Group of Companies (MLNG) encountered a loss of power at around 11:30 p.m. on 10 May 2024 […]
PGS Commences MultiClient 3D Survey in Penyu Basin, Offshore Malaysia
(PGS, 3.Apr.2024) â PGS, a fully integrated marine geophysical company, together with its joint venture consortium partners, TGS and SLB have successfully commenced a MultiClient […]
TGS Starts Penyu Basin Multi-Client Offshore Peninsular Malaysia
(TGS, 3.Apr.2024) â TGS, a global energy data and intelligence provider, alongside JV consortium partners PGS and SLB, announces the commencement of a multi-client 3D seismic […]
PETRONAS and JERA to Explore Value Chain Between Japan and Malaysia
(PETRONAS, 2.Apr.2024) â PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement (JSA) with  JERA Co., Inc, to […]
Petronas Reports Strong 2023 Financials
(PETRONAS, 31.Mar.2024) â For the financial year ended 31 Dec. 2023, PETRONAS recorded lower revenue of RM343.6 billion, mainly impacted by lower average realised prices. This […]
Staatsolie, PETRONAS, ExxonMobil Ink Block 52 LoA
(Staatsolie, 4.Mar.2024) â Staatsolie Maatschappij Suriname N.V. signed a Letter of Agreement (LoA) with PETRONAS and ExxonMobil on 4 Mar. 2024. The LoA is necessary […]
QatarEnergy Inks PSCs for Offshore Suriname Blocks
(QatarEnergy, 15.Dec.2023) â QatarEnergy signed two Production Sharing Contracts (PSCs) for Surinameâs offshore Blocks 64 and 65, which it had won during a bid round […]
TotalEnergies Expands Presence in Suriname with New License
(TotalEnergies, 15.Dec.2023) â TotalEnergies and its partners QatarEnergy and Petronas signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname, the state-owned oil […]
Petronas FutureTech 3.0 Accelerates Growth of Startups in Sustainable Innovations
(Petronas, 31.Oct.2023) â Petronasâ accelerator programme, Petronas FutureTech 3.0 selected at its Demo Day today 10 technology-driven startups that have shown the most potential in […]
Petronas Makes Oil Find in Suriname’s Offshore Block 52
(Petronas, 2.Nov.2023) â Petronasâ subsidiary, Petronas Suriname E&P B.V., has made an oil discovery at the Roystonea-1 exploration well in Surinameâs Block 52. The well, […]
Petronas Forms Integrity Alliance with Industry Players
(Petronas, 26.Oct.2023) â Petronas has formed an Integrity Alliance with its vendors to push for a greater governance and integrity culture within the oil and […]