Depa rasa depa kebal.
Buat 💩💩💩 merata2 tanpa takut undang2.
Senang2 jer cakap tak de lesen.
Moto pinjam.
Yg susah rakyat sndiri kena buat polis repot, anta worksyop, claim insuran sendiri.
Depa lepas boleh ulangi perangai 💩.
Dh status pelarian elok kurung dlm 1 kawasan sampai UNHCR dpt penempatan.
Aramco just handed back its 50% stake in Malaysia's 300,000 bbl/day PRefChem refinery to Petronas.
A $7 billion bet from 2017.
Exited quietly in 2026.
Here's why it matters:
When Hormuz closes, every downstream asset gets repriced.
Aramco's Malaysian exit is the clearest proof yet that Gulf producers are radically reorganising their global footprint around the new reality. 🌍
The deal:
→ Aramco transfers full equity in Pengerang Refining Company and Pengerang Petrochemical Company to Petronas
→ Petronas becomes 100% owner of PRefChem a 300,000 bbl/day refinery plus 3.4 mtpa petrochemicals complex in Johor
→ Original Aramco commitment: $7 billion in 2017 for a 50% stake
→ Commercial relationship continues crude supply, technology, product distribution all still on the table
Why Aramco is walking away?
Hormuz is effectively shut.
Saudi crude exports are being rerouted through the East-West pipeline to Yanbu on the Red Sea.
Even so, Saudi output fell roughly a 3rd in April vs pre-war levels.
In that environment, a 50% stake in a Malaysian refinery running at 50% utilisation after a February 2026 gasoline unit shutdown is not where Aramco wants its capital or management bandwidth.
The strategic logic is simple concentrate downstream investment in Saudi clusters and Red Sea-oriented flows. cut everything else. ✂️
Why Petronas wants full control?
With 100% ownership, Petronas can:
→ Choose its own crude slates not just Arab grades tied to Aramco supply agreements
→ Optimise the refinery for regional product demand without aligning to Aramco's marketing strategy
→ Control a 300 kb/d integrated platform as the anchor of Malaysia's long-term refining and chemicals strategy
When Middle East supply is volatile, feedstock flexibility is everything.
Petronas just bought exactly that. 💰
The playbook is changing: Saudi downstream capital is moving closer to home.
Asian NOCs are consolidating control over their own refining infrastructure.
Every Gulf producer is making the same calculation right now.
PRefChem is just the first major equity exit to become public. ⚡
THE POCKET ROCKETMAN REIGNS SUPREME! 🚀🇲🇾 👑
Azizulhasni Awang has done it in the Men's Keirin!
🥇 🇲🇾 Mohd Azizulhasni Awang
🥈 🇳🇱 Harrie Lavreysen
🥉 🇹🇹 Nicholas Paul
History made on home boards! 🇲🇾🥇✨
#TrackCycling#TrackWC