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KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.
KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.
KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.
KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.
By Anas Abu Hassan
KUALA LUMPUR, April 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) erased earlier gains to close marginally lower on Tuesday as mild bargain hunting activities were offset by cautious mode over ongoing global uncertainties.
KUALA LUMPUR, April 8 (Bernama) -- Petronas Gas Bhd (PGB) has activated its crisis and emergency response teams and swiftly mobilised resources, including volunteers, to assist and support individuals and families affected by the recent gas pipeline fire incident in Putra Heights.
KUALA LUMPUR, April 7 (Bernama) -- Petronas Gas Bhd (PGB) is actively evaluating both the financial and operational impacts of the fire incident at its main pipeline in Putra Heights, near Puchong, Selangor.
By Zufazlin Baharuddin
KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.
KUALA LUMPUR, April 4 (Bernama) -- Petronas Gas Bhd (PGB) reaffirms that it always adheres to stringent safety measures in line with international standards at all levels of its operations.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia ended lower today, with the benchmark index declining 0.5 per cent, weighed down by selected heavyweights led by Press Metal, IHH Healthcare, and Tenaga Nasional.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia’s benchmark index was 0.52 per cent lower in early trade, in tandem with regional markets as US President Donald Trump announced tariffs of at least 10 per cent on all countries, effective April 5 and another set of “individualised reciprocal higher tariff” on certain countries effectied April 9.
