1y 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.
1y 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.
1y 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.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The lack of investments and raising the cost of capital for gas development will endanger energy security and weaken the industry's capability to provide affordable, reliable and sustainable energy to people at large, said International Gas Union (IGU) president Li Yalan (she).
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The Ministry of Economy will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today.
1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- The gas industry needs to address the right challenges especially in securing access to financing, while transitioning towards cleaner and more sustainable energy.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- The energy transition is a global challenge, and ASEAN has the capability and resources to address it collectively, said Minister of Finance II, Datuk Seri Amir Hamzah Azizan.
1y ago
SINGAPORE, Feb 11 (Bernama) -- The increased adoption of Earth Observation (EO) data across Southeast Asia is estimated to contribute an additional US$100 billion to the region’s gross domestic product (GDP) cumulatively from 2023 to 2030, according to a report launched today.
1y ago
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).
1y ago
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.
1y ago
KUALA LUMPUR, Feb 7 (Bernama) -- The Malaysian Gas Symposium (MyGAS 2025) will focus on a critical challenge facing the gas industry - securing financing for gas-related projects “in the everchanging energy landscape to ensure energy security, affordability and sustainability.”
1y ago
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.