Michael Schumacher says he intends to crown his Formula 1 comeback by challenging for the 2010 title.

Michael Schumacher says he intends to crown his Formula 1 comeback by challenging for the 2010 title.     The seven-time champion announced his return for 2010 on Wednesday with Mercedes, the renamed Brawn GP team. Despite three years out...

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Malaysian firms may gain from Petronas’ venture in Iraq

Malaysian firms may gain from Petronas' venture in Iraq By SHARIDAN M. ALI   PETALING JAYA: Petroliam Nasional Bhd's (Petronas) recent oilfield development contracts in Iraq are expected to benefit local oil and gas (O&G) companies in one to...

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Petronas to Sponsor Mercedes F1 Team

Published: December 21, 2009 KUALA LUMPUR (Reuters) - Malaysian state oil and gas company Petronas will be title sponsor of the Mercedes Formula One team next season, Mercedes announced on Monday. The team, formerly champions Brawn GP, will become...

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Iraq Oil Field Goes to Royal Dutch Shell and Petronas

Iraq Oil Field Goes to Royal Dutch Shell and Petronas   By REUTERS Published: December 11, 2009   Royal Dutch Shell and Petronas of Malaysia won the rights Friday to develop one of the world's largest remaining untapped oil fields, as Iraq...

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Malaysia sees lower Petronas payout

Petronas: Malaysian government sees falling income from its petroleum cash cow. Malaysia sees lower Petronas payout Petronas is expected to reduce its contribution to the government's coffers by 14% to 19% on lower crude prices this year. Upstream...

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