Petronas posts RM152.4b revenue in first half of 2026 on higher output, LNG sales
PETROLIAM Nasional Bhd (Petronas) recorded revenue of RM152.4 billion in the first half of 2026, driven by higher domestic production and increased liquefied natural gas (LNG) sales. Minister in the Prime Minister's Department (Law and Institutio...
Petronas, the national oil company of Malaysia, reported a revenue of RM152.4 billion for the first half of 2026. This increase was attributed to higher domestic crude oil production and greater sales of liquefied natural gas (LNG). The minister responsible for this matter, Azalina Othman Said, noted that stronger average realized prices for key products were a result of the geopolitical crisis in West Asia.
However, Petronas faced higher costs due to increased crude oil imports and processing expenses, which put pressure on the company's operations despite the higher market prices. Despite these challenges, Petronas completed over 1,000 corporate social responsibility initiatives between 2020 and the end of the previous year, benefiting a diverse range of recipients and needs.
The company implements these initiatives in a manner that aligns with the sustainable development agenda, contributing to improved quality of life and well-being within local communities.
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