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MyGAS 2025 To Focus On Tackling Financing Challenges In Gas Industry

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.”

Kinergy Ventures Into IPP Sector, Acquires 47.5 Pct Stake In Jati Cakerawala

KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.

Bursa Malaysia Ends Higher Led By Energy Stocks, CI Up 0.67 Pct

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia closed higher on broad-based buying during the late session, with the market bellwether ending at an intraday high, driven by energy stocks, said an analyst.

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.

Petronas Clarifies SSGP Decommissioning Affects Only Sections In Sarawak

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. 

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

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.

Weststar GAP, Santos Partnership Strengthens Malaysia-Timor-Leste-Australia Business Ties -- Tengku Zafrul

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.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

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.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

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).

Malaysia's PPI Rises 0.5 Pct Year-on-Year In December 2024 - DOSM

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).

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.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.