ExxonMobil not pulling out of Malaysia, but Petronas taking over operatorship

US supermajor for years has been looking for a buyer for its upstream portfolio in Malaysia

The sun rises behind Petronas Twin Towers - Petronas' headquarters - in Kuala Lumpur, Malaysia.
The sun rises behind Petronas Twin Towers - Petronas' headquarters - in Kuala Lumpur, Malaysia.Photo: AP/SCANPIX
Published 21 July 2024, 13:43Updated 22 July 2024, 05:21
MalaysiaExxonMobilPetronasPetronas CarigaliAsia & Oceania