10m ago
KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
10m ago
KUALA LUMPUR, Feb 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still in the early stages of exploration activities for the Langkasuka Basin, where the 2D seismic data acquisition has just been completed in 2024.
10m ago
KOTA KINABALU, Feb 18 (Bernama) -- The construction of the petroleum storage and refining plant at the Sipitang Oil and Gas Industrial Park (SOGIP) is expected to begin this April, said Sabah Chief Minister Datuk Seri Hajiji Noor.
10m ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.
10m ago
KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.
10m ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country.
10m ago
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.
10m ago
KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.
10m ago
KUALA LUMPUR, Feb 14 (Bernama) — The government has outlined three long-term plans to mitigate potential traffic congestion that may result from the Johor-Singapore Special Economic Zone (JS-SEZ) development, according to the Economy Ministry.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.
10m ago
KUALA LUMPUR, Feb 12 (Bernama) -- Malaysia's full-year wholesale and retail trade sales surged to a record high of RM1.77 trillion in 2024, after recording RM152.2 billion in December, a 5.5 per cent rise year-on-year (y-o-y), said the Statistics Department (DOSM).
10m ago
KUALA LUMPUR, Feb 11 (Bernama) -- Malaysia and Turkiye need to collaborate in various sectors, including semiconductors, agri-commodities, electrical and electronics (E&E) as well as food and beverages (F&B) to achieve the US$10 billion (RM44.68 billion) bilateral trade target, says Prime Minister Datuk Seri Anwar Ibrahim.