Petroliam Nasional Bhd’s (Petronas) higher dividend commitment to the government under Budget 2027 could constrain funding for upstream oil and gas investments, potentially affecting local service providers, according to Hong Leong Investment Bank (HLIB) Research.
The research house said Petronas’ dividend contribution is projected to increase by 18.5% to RM32 billion in 2027 from RM27 billion expected in 2026, significantly higher than the original RM20 billion estimated under Budget 2026.
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SA11 – Upskilling and Reskilling Talents
SA12 – Foster Community Growth Through Education
SA13 – Strengthen Workforce Connection
SA14 – Enhance Customer Satisfaction and Service Excellence
SA10 – Promote Workforce Well-being, Health and Safety
SA6 – Climate Change Management
SA7 – Reduce Waste, Promote Recycling and Resource Recovery
SA8 – Minimise Water Consumption
SA9 – Protect, Conserve and Enhance Biodiversity
SA4 – Uphold Ethics and Business Integrity
