Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

Federal Govt And Sarawak To Detail Petronas-Petros Scope Of Cooperation - PM Anwar

BANGI, Feb 22 (Bernama) -- The federal government will meet the Sarawak state government to detail the scope of cooperation between Petroleum Sarawak Bhd (Petros) and Petroliam Nasional Bhd (Petronas), said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas-Petros Agreement Provides Certainty, Brings Confidence To Malaysia's Oil And Gas Sector

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.

Sabah Set To Become Southeast Asia's Energy Hub With RM8.88 Bln SOGIP Project

KOTA KINABALU, Feb 11 (Bernama) -- Sabah is poised to position itself as a key energy hub in Southeast Asia with the launch of an RM8.88 billion oil and gas energy hub project at the Sipitang Oil and Gas Industrial Park (SOGIP).

Rightsizing Efforts Aimed At Ensuring Petronas Can Contribute Continuously To Nation-Building

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. 

Malaysia, Uzbekistan Eye Joint Industrial Zone In Uzbekistan

KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia and Uzbekistan see promising prospects to jointly establish an industrial zone in Uzbekistan.

MIDF Maintains Positive Outlook On Oil And Gas Sector Despite Volatile Oil Prices

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.

Bursa Malaysia Ends Morning Trading In Positive Territory

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia extended its gains at midday, driven by advances in selected heavyweight financial services and telecommunications stocks.

Bursa Malaysia Opens Higher Despite Softer US Market Overnight

KUALA LUMPUR, Jan 3 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday, despite a weaker overnight US market. 

EPIC Wins Major Contract From Petronas, Stays Committed To Developing O&G Business

KUALA TERENGGANU, Jan 2 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC Bhd) through its subsidiary EPIC OG Sdn Bhd (EOGSB) has secured a five-year contract from Petroliam Nasional Bhd’s wholly owned subsidiary Petronas Carigali Sdn Bhd.

Bursa Malaysia Stages Weak Start To 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia’s benchmark index started the year on a subdued note, tracking the overnight decline in the US market.

PNB Remains Optimistic About Malaysian Economy, FBM KLCI Next Year

KUALA LUMPUR, Dec 24 (Bernama) -- Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).