Malaysia’s national oil and gas Petronas boosted revenues in the first half of 2018 to 108.1 billion ringgit ($26.19 billion) up 8% year-on-year, writes Amanda Battersby.
Revenues benefited from ongoing internal efforts to optimise efficiency and improved prices for all products. However, this was largely offset by the strengthening of the local currency, the ringgit, against the US dollar.
Petronas’ after-tax profit rose by 54% to 26.6
