The Latest Breaking News from Petronas

Malaysia's law minister on Thursday said a Luxembourg court had set aside an attempt made by the heirs of a former sultanate to enforce a $15 billion arbitration award they won against Malaysia.

James Baldwin, Bono Huis and Graham Carroll took the overall victory in the 6 Hours of Spa, while Max Verstappen finished second.

KUALA LUMPUR: Malaysia has vowed to challenge a move by the heirs of a former sultan to seize its Dutch assets as part of the descendants’ efforts to enforce a US$15-billion arbitration award against the Malaysian state.

Malaysia on Friday said it will challenge a move by the heirs of a former Southeast Asian sultan to seize its Dutch assets as part of the descendents' efforts to enforce a $15 billion arbitration award against the Malaysian state.

Mercedes has secured the commitment of fuels and oil partner Petronas for Formula 1’s new regulations era from 2026, after opting for an early extension of its title sponsorship deal.

As the devastation of climate change makes the need to decarbonise clearer by the day, countries face the question of what to do with their old fossil fuel infrastructure. While some environmental activists have taken to sabotaging the carbon economy on the back of its emissions in the Global North,…

KUALA LUMPUR: Malaysia's Prime Minister Ismail Sabri Yaakob promised legal measures on Tuesday to protect the country's assets worldwide, local media reported, as heirs to a 19th century sultan sought to enforce a $15 billion arbitration award via asset seizures.

The heirs to the last ruler of Sulu have seized state-owned energy assets in a lawsuit that dates back to colonial Britain

The heirs of a 19th century sultanate are seeking to seize Malaysian government assets around the world in a bid to enforce a $14.9 billion arbitration award they won against the Southeast Asian nation, despite a stay on the case handed by a French court, their lawyers told Reuters.