Recent events
Recent events tied to this brand in public sources.
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2026
Shell-led consortium makes final investment decision to double LNG Canada production capacity
Shell said on Tuesday that a consortium it leads reached a final investment decision to double production capacity at the LNG Canada project in Kitimat, British Columbia, to roughly 28 million metric tons per annum (mtpa), up from 14 mtpa. Canada's government has previously estimated the project will attract 33 billion Canadian dollars ($23.2 billion) in private sector capital. Shell leads the project with a 40% stake alongside Petronas, PetroChina, Mitsubishi Corp and Korea Gas Corp, with commercial operations set to start in the early 2030s.
2026
GLNG joint venture partners agree to acquire Greater Meridian CSG project
The GLNG joint venture partners – Santos, TotalEnergies, PETRONAS and KOGAS – entered into binding agreements with Westside Corporation and Mitsui E&P Australia to acquire 100 per cent of the Greater Meridian CSG project in Queensland for a gross purchase price of A$430 million (~US$310 million), with Santos acquiring a 30 per cent interest and becoming operator. Completion is targeted for late 2026 and is conditional on regulatory approvals including competition approvals and FIRB clearances.
2022
PETRONAS and JAPEX sign CCS collaboration MoU
PETRONAS and Japan Petroleum Exploration Co. (JAPEX) signed a memorandum of understanding to collaborate on carbon capture and storage opportunities, including potential CO₂ storage solutions in Malaysia.
2022
Euro Oil and Al-Haj launch Proton Genuine Oil
Euro Oil and Al-Haj partnered to launch Proton Genuine Oil, lubricants formulated for use in PROTON vehicles. The product was produced by Petronas and marketed by Euro Oil.
2021
Petronas and ExxonMobil sign carbon-capture MoU
Petronas and ExxonMobil Exploration and Production Malaysia Inc signed a memorandum of understanding to jointly explore carbon capture and storage opportunities, including potential projects offshore Peninsular Malaysia.
2021
Petronas and Sepang International Circuit end sponsorship partnership
Petronas and Sepang International Circuit mutually agreed to end their sponsorship partnership for the Petronas Sepang Racing Team; the termination is to take effect at the end of the 2021 MotoGP season.
2021
Block 61 increases gas production
BP, in partnership with OQ, PTTEP, PETRONAS and Oman’s Ministry of Energy & Minerals, announced that production from Oman’s Block 61 gas field had increased to 1.5 billion cubic feet per day from around 1 billion.
2021
Schlumberger announces digital-solutions deployment for PETRONAS
Schlumberger announced an enterprise-scale deployment of advanced digital solutions for PETRONAS, enabled by the DELFI environment and integrated with the OSDU Data Platform.
2021
Galeri Petronas ceases public gallery operations
Galeri Petronas ceased operating as a public gallery following a realignment of its operating model in response to changes brought about by the COVID-19 pandemic. Its artworks remain available for loan.
2021
Petronas partners with AVEVA on digital transformation
Petronas partnered with AVEVA, selecting AVEVA Unified Supply Chain in the cloud to support integration across its value chain.
2021
CNOOC and Petronas sign strategic cooperation memorandum
CNOOC and Petronas signed a strategic cooperation memorandum to explore expanding their cooperation across the energy value chain, including LNG, upstream projects, renewable energy and services.
2021
Petronas sets December Malaysian crude selling price at US$50.66 per barrel
Petronas set the official selling price for a basket of December-loading Malaysian crude grades at US$50.66 a barrel; flagship Labuan crude was up US$8 a barrel from November.
2020
Petronas and TCS collaborate on downstream data platform
Petroliam Nasional Bhd announced a collaboration with Tata Consultancy Services to develop an oil and gas downstream data platform called Project DOVE, which TCS co-designed.
2020
Petronas teams up with six advisers to support OGSE vendors pursuing IPOs
Petronas teamed up with six investment banks and corporate finance advisers to provide advisory services to Malaysian oil and gas services and equipment sector vendors intending to pursue IPOs. Petronas said it handed memorandums of understanding to the six advisers.
2020
Petronas Dagangan launches Chinese New Year Coffee Break Campaign
Petronas Dagangan launched its Coffee Break Campaign for Chinese New Year, offering complimentary giveaways, promotions and discount vouchers. The campaign included complimentary coffee and snacks at participating Petronas stations and a waived Touch ‘n’ Go top-up fee at Petronas stations during specified dates.
2019
Petronas completes acquisition of stakes in two Brazilian offshore fields
Petronas subsidiary PPBL completed the acquisition of a 50% equity interest in the Tartaruga Verde producing field and Module III of the Espadarte field offshore Brazil. Petrobras retains the remaining 50% equity and is the operator.
2019
Piva launches its inaugural $250 million fund
Piva announced the launch of its inaugural $250 million fund to invest in companies and technologies in industry and energy. The fund is backed by PETRONAS.
2019
PETRONAS launches revised Syntium lubricant range
PETRONAS introduced its revised 2019 Syntium with CoolTech lubricant range, including the Syntium 7000 Hybrid 0W-20, its first lubricant formulated for hybrid engines.
2019
PETRONAS introduces new Synthium lubricant range
Petronas Lubricant Marketing Malaysia introduced a new range of Petronas Synthium engine lubricants featuring CoolTech technology, including an engine oil for hybrid cars.
2019
Petronas launches National Safest Driver Challenge
Petronas launched the National Safest Driver Challenge in collaboration with PLUS, Touch 'n Go and Katsana. Motorists could participate by installing the DriveMark app, which tracked driving behavior and awarded positive scores for safe driving.