Finance
Woodside, Petronas seal 15-year LNG SPA
Woodside said in a statement that the fully termed sale and purchase agreement (SPA) is for the supply of 1 million tonnes per annum (mtpa) of LNG to Malaysia from 2028 for a period of […]
Petronas
Big Oil Companies
ENI’s Profit Drops 25% in Q2 2025 Amid Lower Oil Prices and Currency Headwinds
Italian energy giant Eni S.p.A. (ENI) reported a significant 25% decline in its adjusted net profit for the second quarter of 2025, falling to €1.13 billion from €1.52 billion in the same period last year. […]
Exports
Venture Global, Petronas seal 20-year LNG SPA
Under the terms of the SPA, Petronas will purchase 1 million tonnes per annum (mtpa) of LNG from Venture Global’s third facility, CP2 LNG, for 20 years, according to a Venture Global statement. Venture Global […]
Finance
Woodside inks non-binding LNG supply deal with Petronas
Australia’s Woodside has signed a non-binding heads of agreement with Malaysia’s Petronas to supply the latter with liquefied natural gas (LNG) from its global portfolio. The deal may include supplies from Woodside’s Louisiana LNG project […]
International News
Petronas, Commonwealth LNG ink 20-year SPA
Under the sales and purchase agreement, Petronas LNG, a unit of Petronas, will purchase one million tonnes per annum (mtpa) of LNG for 20 years from Commonwealth’s planned facility, according to a statement by Petronas. […]
Press
Wison New Energies nets work on Petronas FLNG set for Suriname
China’s Wison New Energies has signed the detailed feasibility study for a new-build floating liquefied natural gas (FLNG) facility offshore Suriname. The unit is set to be deployed at the Petronas-operated Block 52. The Malaysian […]
Imports
Petronas delivers first LNG cargo to PetroVietnam Gas
Malaysian energy giant Petronas has delivered the first liquefied natural gas (LNG) cargo to PetroVietnam Gas, a unit of state-owned PetroVietnam. According to a statement by Petronas on Tuesday, its unit Petronas LNG delivered the […]
Exports
Petronas to supply LNG to PetroVietnam Gas
PV Gas said in a statement on Thursday that the two firms have signed an agreement for the supply of LNG for delivery in early April. The deal is worth about 1,000 billion Vietnamese dong […]
Imports
Eni and Petronas plan to create ‘major’ LNG player in Malaysia, Indonesia
Italy’s Eni and Malaysia’s Petronas plan to establish a joint venture company to oversee selected upstream assets in Indonesia and Malaysia. The two firms announced on Thursday an exclusive memorandum of understanding to progress detailed […]
Exports
Malaysia’s Petronas boosts LNG sales in 2024
The company’s LNG sales rose by 9 percent year-on-year to 35.7 million tonnes last year, compared to 32.90 million tonnes in 2023. Sales also rose compared to 34.23 million tonnes in 2022 During the first half […]