Business

Petronas - Petros request one-month postponement of court proceedings

High Court told parties are engaged in ongoing negotiations aimed at settlement

Updated 1 year ago · Published on 25 Aug 2025 4:00PM

Petronas - Petros request one-month postponement of court proceedings
Adjournment was sought to allow negotiations between both parties to continue - August 25, 2025

PETROLIAM Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) have jointly requested a one-month postponement of court proceedings, the High Court in Kuching was informed.

In a joint statement issued on Monday, it was stated that the adjournment was sought to allow negotiations between both parties to continue.

“The parties involved are still in discussions with the aim of reaching a settlement,” the statement read. - August 25, 2025

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Oil falls for fourth day as Hormuz supply fears ease

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir