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Petronas records RM152.4bil revenue in first half of 2026

KUALA LUMPUR: Petronas recorded RM152.4 billion in revenue for the first half of 2026, driven by higher domestic production and increased liquefied natural gas (LNG) sales volume.

Petronas records RM152.4bil revenue in first half of 2026

KUALA LUMPUR: Petronas reported a staggering RM152.4 billion in revenue for the first half of 2026, a figure attributed to increased domestic production and a surge in liquefied natural gas (LNG) sales volume. The minister responsible for the Prime Minister's Department, Datuk Seri Azalina Othman Said, attributed this success to the higher average realized prices for major products, a direct result of geopolitical tensions in the Middle East.

However, the company did not shy away from acknowledging the additional costs incurred due to escalating import and crude oil processing expenses, a trend in line with Petronas' commitment to maintaining stable operations and ensuring the security and sustainability of national energy supplies. Despite these challenges, Petronas remains steadfast in its commitment to corporate social responsibility, executing over 1,000 initiatives between 2020 and the end of last year that positively impacted recipients from diverse backgrounds and needs across the nation.

These efforts are coordinated with government and local agencies to ensure effective implementation and sustainable impact, as stated in a written reply published on the parliament website today. This response was in relation to Datuk Ewon Benedick (GRS-Penampang) who inquired about Petronas revenue from oil sales since February and the corresponding contributions made to the government for public aid or development programs.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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