PETROLIAM Nasional Bhd’s (PETRONAS) results in the first half of financial year 2026 (1H26) was a mixture of good and bad news, partly due to the conflict in the Middle East and how companies have adapted to the event.
For one, Saudi Aramco divested its 50% stake in Pengerang Refining Co Sdn Bhd and Pengerang Petrochemical Sdn Bhd, collectively PRefChem, to PETRONAS likely due to commercial reasons.
