{
  "id": 17168891,
  "title": "Petronas records RM152.4b revenue in first half of 2026",
  "url": "https://urgent.news/2026/10/30/petronas-records-rm152-4b-revenue-in-first-half-of-2026-17168891",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T03:02:24.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/malaysia/2026/10/30/petronas-records-rm1524b-revenue-in-first-half-of-2026/241219"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Oct 30 — In the first half of 2026, Petronas, the Malaysian state-owned oil and gas company, reported revenue of RM152.4 billion. This significant figure was primarily propelled by heightened domestic production and a rise in liquefied natural gas (LNG) sales volumes. According to Datuk Seri Azalina Othman Said, a minister in the Prime Minister's Department responsible for Law and Institutional Reform, the company's earnings were further bolstered by processed gas sales and higher average realized prices for key products. These positive factors were attributed to the ongoing geopolitical crisis in West Asia, according to a report by Berita Harian.\n\nHowever, Petronas also encountered elevated cost of sales, attributable to an increase in crude oil import and processing expenses. Despite these challenges, the company remained committed to maintaining stable operations and ensuring the security and sustainability of the nation's energy supply. Azalina emphasized that Petronas has a strong commitment to corporate social responsibility, executing initiatives aimed at being inclusive, impactful, and aligned with the sustainable development agenda. These efforts contribute to enhancing the quality of life and well-being of local communities.\n\nFurthermore, Petronas has implemented over 1,000 initiatives between 2020 and last year, catering to recipients from diverse backgrounds and with varying needs across the country. The company collaborates closely with the government and local agencies to ensure that these programs are effectively executed and yield sustainable outcomes. This information was shared in a written parliamentary reply by Azalina, published on the Parliament portal in response to a question posed by Datuk Ewon Benedick (GRS-Penampang) concerning Petronas' oil sales revenue since February and the allocation of funds to government-led public assistance or development programs.",
  "summary": "KUALA LUMPUR, Oct 30 — Petroliam Nasional Bhd (Petronas) recorded revenue of RM152.4 billion in the first half of...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Petronas records RM152.4bil revenue in first half of 2026",
        "url": "https://urgent.news/2026/10/30/petronas-records-rm152-4bil-revenue-in-first-half-of-2026",
        "published": "2026-10-30T03:51:10.000Z"
      },
      {
        "outlet": "The Vibes",
        "title": "Petronas posts RM152.4b revenue in first half of 2026 on higher output, LNG sales",
        "url": "https://urgent.news/2026/10/30/petronas-posts-rm152-4b-revenue-in-first-half-of-2026-on-higher",
        "published": "2026-10-30T04:26:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}