Petronas to Increase Malaysia Dividend by 19% to $7.8 Billion in 2027

Key Facts

1Petronas will increase its dividend to the Malaysian government by 19% to $7.8 billion in 2027 due to higher oil profits.

2Malaysia's Ministry of Finance expects petroleum-related revenue to reach $15 billion next year, assuming stable crude prices.

Petronas will increase its dividend payment to the Malaysian government by 19% to reach $7.8 billion in 2027. Oilprice.com reported that the hike is driven by higher oil profits, supporting a projected 4.7% rise in Malaysia's total government revenue for the 2027 fiscal year.

Malaysia's Ministry of Finance expects petroleum-related revenue to reach $15 billion next year, assuming stable global crude prices. This outlook follows a 15% increase in Petronas revenues during the first half of 2026, which the company attributed to higher domestic production, LNG exports, and soaring energy prices.