Decisions, Review Of Upstream Assets entirely Up To Petronas -- PM Anwar

KUALA LUMPUR, Aug 14 (Bernama) -- Any decisions on and review of upstream assets will be left entirely to Petroliam Nasional Bhd (Petronas) without political interference, said Prime Minister Datuk Seri Anwar Ibrahim. 

Petronas Targets More LNG Projects In Canada Given Its Large Gas Reserves

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.

Petronas Reviewing Operational, Cost Efficiencies Amid Low Oil Price Environment

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)

SD Guthrie FY2025 Earnings Seen Firm, Softer In Second Half - Analysts

KUALA LUMPUR, Aug 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects SD Guthrie Bhd’s financial year 2025 (FY2025) earnings to remain robust, although performance in the second half (2H) may ease slightly.

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Sabah To Acquire 25 Pct Equity In Petronas ZLNG Facility - Hajiji

KOTA KINABALU, July 17 (Bernama) --  The Sabah government, through SMJ Energy Sdn Bhd has signed a head of agreement (HoA) with Petronas LNG Sdn Bhd to acquire 25 per cent equity stake in the US$3.1 billion (RM13.17 billion) nearshore floating liquefied natural gas (ZLNG) facility in Sipitang.

Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji

KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.

Malaysia, Italy To Deepen Economic Ties With Focus On Energy Transition

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.

KPK To Hold Engagement Session With Palm Oil Industry Players On SST Implementation

KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.

MyAxis Expects New Facility To Contribute To Revenue In 2QFY2026

KUALA LUMPUR, June 30 (Bernama) -- Meat processor and distributor, MyAxis Group Bhd, expects its upcoming processing facility in Bukit Kayu Hitam, Kedah to start contributing to its revenue in the second quarter of the next financial year (2QFY2026).

​​​​​​​DPM Fadillah Concludes Central Asian Visits, Nuclear Energy Revival On The Horizon

From Siti Radziah Hamzah

MOSCOW, June 28 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has concluded his eight-day working visit to Uzbekistan and Russia, marking a pivotal step in Malaysia’s renewed efforts to strengthen strategic international partnerships.

Malaysia Unveils Digital System To Track Rubber From Plantations To Product

KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Sustainable Natural Rubber (MSNR) Trace system plays an important role in addressing environmental and social issues in the rubber industry by allowing stakeholders to track natural rubber (NR) transactions, from the plantations right to the end product.