Petronas Does Not Plan To Reduce Oil And Gas Production In Sabah Despite Falling Oil Prices

KUALA LUMPUR, Feb 12 (Bernama) -- Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Bursa Malaysia Ends Lower On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Profit-taking activities dragged Bursa Malaysia to end marginally lower on Tuesday following yesterday's strong gains. 

Bursa Malaysia Slips At Midday On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia remained easier at midday, as profit-taking activities in selected blue-chip counters persisted, led by the healthcare counters. 

Bursa Malaysia Opens Firmer, Tracks Wall Street Gains

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia opened firmer on Tuesday, tracking overnight gains on Wall Street as buying interest returned to technology stocks following last week’s artificial intelligence-led sell-off.

Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Malaysia, India Recognise Great Strides By Petronas, Gentari In India’s Green Energy Push

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India recognise the significant progress made by Petroliam National Bhd (Petronas) and Gentari in India’s renewable energy and green hydrogen landscape in the energy sector.

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

Weak Global Sentiment Pulls Bursa Malaysia Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended lower today, extending its mild pullback as negative global sentiment weighed on risk appetite, said an economist.

Bursa Malaysia Edges Lower At Midday

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia extended its downward momentum at midday as profit-taking persisted in selected heavyweight counters, led by industrial products and services, healthcare, and utilities sectors.

Bursa Malaysia Opens Lower Amid Mixed Wall Street

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by mild profit-taking and mixed signals from Wall Street overnight.