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RGV, Neotek Inovasi Global In Strategic Partnership To Train More Youth In O&G

KUALA LUMPUR, April 14 (Bernama) -- Raziqin Global Ventures (RGV) Sdn Bhd, a local workforce solutions provider in the oil and gas (O&G) sector, today announced a strategic partnership with Indonesia's  Neotek Inovasi Global (NIG) to strengthen training and human capital development in the industry.

National Gas Roadmap In Process Of Being Finalised – Rafizi

KUALA LUMPUR, April 14 (Bernama) -- The National Gas Roadmap is currently being finalised and is scheduled to be launched this year, said Economy Minister Datuk Seri Rafizi Ramli.

BHPetrol To Build 30 New Stations In Rural Areas

JOHOR BAHRU, April 13 (Bernama) -- BHPetrol, a subsidiary of Boustead Holdings Bhd and the Armed Forces Fund Board (LTAT), plans to build up to 30 new petrol stations in rural areas nationwide.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Petronas, Petrovietnam Seal 20-year PSC, UGSA Extension For PM3 CAA

KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.

 

Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

Rubber Market Ends Mixed Amid Absence Of China Players

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.

Petronas To Work With Authorities To Support Those Affected By Putra Heights Incident

KUALA LUMPUR, April 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) has committed to working closely with relevant ministries and agencies to channel timely and meaningful support to the families impacted by the fire incident near Putra Heights, Puchong, Selangor.

Malaysia’s Producer Price Index Rises Modestly By 0.3 Pct In February 2025

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s Producer Price Index (PPI) for local production increased by 0.3 per cent year-on-year (y-o-y) in February 2025, easing from the 0.8 per cent rise recorded in January, according to the Department of Statistics Malaysia (DOSM).

BNM Remains Data-Driven In Assessing Inflation, Growth Outlook - Deputy Governor

KUALA LUMPUR, March 26 (Bernama) -- Bank Negara Malaysia (BNM) will continue to adopt a data-driven approach in evaluating the impact of economic developments on inflation and growth, said Deputy Governor Datuk Marzunisham Omar.