Malaysia's Petronas Reports Steady Earnings Amid Energy Security Push
The state oil firm posted a 4% profit gain in the first half of 2026 while completing a strategic refinery takeover and navigating West Asia supply risks.
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The state oil firm posted a 4% profit gain in the first half of 2026 while completing a strategic refinery takeover and navigating West Asia supply risks.

Manuel Pangilinan's firm seeks foreign capital to develop petroleum blocks outside disputed West Philippine Sea zones, targeting energy independence through indigenous resources.

PT Pertamina Hulu Rokan drills nearly 500 wells annually just to maintain baseline production from the nation's most critical oil asset

Swift Energy wins contracts spanning Indonesia, Myanmar and Malaysia as Southeast Asian infrastructure spending accelerates

Southeast Asia's largest economy posted a $1.61 billion shortfall in May as energy costs climbed and export demand weakened across key commodities.