Petronas Reports Higher H1 Profit and Revenue
6 Articles
6 Articles
Petrol Group's net profit fell by 24 percent to €57.3 million in the first half of the year, which the company attributes to an inadequate regulatory framework. Amid calls for deregulation, it is also considering restricting fuel delivery or closing sales points.
The oil trader suffered a 25% drop in profits in the first half of the year, a result of difficulties in the first quarter.
The Petrol Group increased its revenues by 12 percent to 3.3 billion euros in the first half of the year. Net profit fell by 24 percent to 57.3 million euros, which the company attributes to an inadequate regulatory framework. It is once again calling for deregulation, and in the face of unsustainable operations, it is also preparing for the possibility of restricting fuel delivery or closing sales points.
Petronas shows resilience amid rise in energy security costs - National Cyber Security Consulting
Petronas said its outlook remains cautious, with the global energy landscape still fragile amid elevated geopolitical headwinds and prolonged conflict in West Asia. PETALING JAYA: Petroliam Nasional Bhd recorded a profit after tax of RM27.2 billion for the first half ended June 30, 2026, up 4% from RM26.2 billion a year earlier. Revenue rose 15% […] Thank you for subscribing to our RSS feed! The post Petronas shows resilience amid rise in energy…
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