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Tag Archives: Malaysia

Petronas and Saudi Aramco joint venture on track

Pengerang Refining and Petrochemical (PrefChem), a joint venture between Petronas and Saudi Aramco, is expected to restart a crude distillation unit at its oil refinery in Malaysia in July, three sources familiar with the matter said. The Pengerang Refining development, which is part of Petronas’ $27 billion Pengerang Integrated Complex, …

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Malaysia king agrees to pardon Anwar after opposition election win

Malaysia’s king has agreed to pardon Anwar Ebrahim, the country’s newly installed prime minister said on Friday, paving the way for the jailed opposition leader to return to politics and potentially become premier. It was the latest dramatic development after Mahathir Mohamad’s opposition alliance inflicted a shock defeat on the …

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