Petronas

Malaysia’s Petronas buys 10 percent stake in Oman’s Al Khazzan field
Middle East

Malaysia’s Petronas buys 10 percent stake in Oman’s Al Khazzan field

KUALA LUMPUR (Reuters) – Malaysia‚Äôs Petroliam Nasional Berhad (Petronas) said on Sunday its subsidiary would buy a 10 percent stake…
Iraq, oil companies agree to restart investment, boost output
Business

Iraq, oil companies agree to restart investment, boost output

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing,…
Iraq oil projects face delays as companies resist spending cuts
Business

Iraq oil projects face delays as companies resist spending cuts

International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists…
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