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There are 485 news based on search keyword "petrol"

Anwar Confident Petronas-Petros Gas Issue Resolved

From Kamarul Ariffin Md Yassin

ABU DHABI, Jan 14 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said he believed issues related to Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) regarding gas distribution rights in Sarawak had been resolved through a series of negotiations, including his meeting with Sarawak Premier Tan Sri Abang Johari Tun Openg.

Maybank IB Projects 4.9 Pct GDP Growth, 3.0 Pct Inflation Rate In 2025

KUALA LUMPUR, Jan 14 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has reiterated its projection of a 4.9 per cent growth for the Malaysian economy in 2025 and an inflation rate of 3.0 per cent for the year. 

Uzma's Subsidiary Bags Contract Extension From Petronas Carigali Worth RM100 Mln

KUALA LUMPUR, Jan 10 (Bernama) -- Uzma Bhd’s subsidiary, Setegap Ventures Petroleum Sdn Bhd (SVP), has received a contract extension worth RM100 million for the provision of coiled tubing and services from Petronas Carigali Sdn Bhd.

Bursa Set For Modest Gains Next Week On Bargain-hunting, Optimism

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 11 (Bernama) -- Bursa Malaysia is expected to trend modestly higher in the coming week, driven by bargain-hunting and optimism surrounding domestic developments.

PM Anwar Hopes Malaysia-Japan Hydrogen Energy Project Could Be Facilitated By May 2025

PUTRAJAYA, Jan 10 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the clean hydrogen energy and decarbonisation collaboration project between Sarawak Economic Development Corporation Energy (SEDCE), Petroleum Sarawak Bhd (Petros) and a Japanese consortium could be facilitated by May this year.

Kenanga IB Sees Petronas Capex Cut Not Exceeding RM10 Bln After Petros Gas Deal

KUALA LUMPUR, Jan 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has estimated that any potential capital expenditure (capex) cut by Petroliam Nasional Bhd (Petronas) following a gas distribution agreement with Petros in Sarawak would not exceed RM10 billion annually.

BMI Expects BNM To Hold OPR At 3.0 Pct In Next Meeting

KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.

Petronas Reaches Final Investment Decision For Indonesia's Hidayah Development

KUALA LUMPUR, Jan 10 (Bernama) -- Petroliam Nasional Bhd's (Petronas) subsidiary, PC North Madura II Ltd has reached the Final Investment Decision (FID) for the development of the Hidayah field, Indonesia. 

Dialog Secures US$235 Mln Investment Approval For Baram Junior Cluster PSC

KUALA LUMPUR, Jan 9 (Bernama) -- Dialog Group Bhd has announced that the field development and abandonment plan (FDAP) for the Baram Junior Cluster Small Field Asset Production Sharing Contract (BJC SFA PSC) has achieved a final investment decision of US$235 million (US$1=RM4.50).

Diesel Subsidy Rationalisation To Save Govt Up To RM7.5 Bln A Year -- Amir Hamzah

KUALA LUMPUR, Jan 9 (Bernama) -- The implementation of diesel subsidy rationalisation is expected to provide annual savings of between RM7.2 billion and RM7.5 billion, up from the RM4 billion in savings projected last year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas To Explore Malay Basin’s Full Potential

KUALA LUMPUR, Jan 7 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an integrated basin study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.

JS-SEZ Agreement To Deliver Major Benefits For Johor And Its People, Says Menteri Besar

JOHOR BAHRU, Jan 7 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) agreement signed today will bring significant benefits, especially to Johor and its people, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.