Iran General NewsMalaysia Petronas keen on Iran, posts record profit

Malaysia Petronas keen on Iran, posts record profit

-

ImageReuters: Malaysian state-oil-firm Petroliam Nasional (Petronas) is still interested in investing in Iran although it is assessing its involvement in the Pars LNG project due to rising costs, Chief Executive Officer Hassan Marican said.

ImageKUALA LUMPUR, July 15 (Reuters) – Malaysian state-oil-firm Petroliam Nasional (Petronas) is still interested in investing in Iran although it is assessing its involvement in the Pars LNG project due to rising costs, Chief Executive Officer Hassan Marican said.

Petronas posted a net profit of $18.1 billion for the 2007/2008 year compared with $12.9 billion a year ago, Hassan said. (Reporting by Faisal Aziz)

Latest news

Secret Execution of Two Kurdish Political Prisoners in Naqadeh Prison, Iran

In the early hours of Wednesday, May 20, the death sentences of two Kurdish political prisoners, Ramin Zeleh and...

City Council Member in Zanjan Runs Over Protesting Worker With Car

The state-run Rouydad24 news website wrote on May 19 regarding the protests by Zanjan municipality workers: "Disregard for workers'...

PMOI Confirms Deaths of Resistance Unit Members During 2025–2026 Iran Uprising

As further details emerge from the nationwide uprising that swept across Iran from late 2025 into early 2026, the...

Urban Poverty in Iran: The Collapse of the Economy of Life in Major Cities

Urban poverty in Iran has now reached a stage where it can no longer be explained merely through income...

Gasoline Price Hikes in Iran Trigger a New Battle Over People’s Livelihoods

As Iran’s economic crisis, inflation, and declining purchasing power continue, recent remarks by Hamid Rasai, a member of the...

Paris to Host Major Rally Supporting a Free Iran on June 20

More than 100,000 people are expected to gather in Paris on June 20, 2026, to voice their support for...

Must read

U.S. now sees Iran as pursuing nuclear bomb

Los Angeles Times: Little more than a year after...

War game will focus on situation with Iran

USA TODAY: Amid rising tensions between the United States...

You might also likeRELATED
Recommended to you