KUALA LUMPUR, Feb 7 (Bernama) -- Petronas’ rightsizing efforts are to ensure that the national oil company can continuously contribute to nation-building, its president and chief executive officer Tengku Tan Sri Muhammad Taufik said today.
KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.
KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak.
KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.
KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.
KUALA LUMPUR, Jan 31 (Bernama) -- The partnership between Weststar GAP Ltd and globally recognised oil and gas leader Santos Australia is a testament to the strong potential for enhanced trade and business ties between Malaysia, Timor-Leste and Australia, said Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.
KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.
KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).
KUALA LUMPUR, Jan 28 (Bernama) -- Malaysia's Producer Price Index (PPI) rose marginally by 0.5 per cent year-on-year in December 2024, compared to a 0.4 per cent decline in the previous month, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained its 2025 total industry volume (TIV) forecast of 805,000 units for the automotive industry, supported by forward buying interest following the deferment of new excise duty regulations.
KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.
