Deleum Unit Bags 5-Year Contract From Petronas Carigali

KUALA LUMPUR, Feb 18 (Bernama) -- Deleum Bhd’s wholly owned subsidiary, Deleum Oilfield Services Sdn Bhd, has secured a contract from Petronas Carigali Sdn Bhd for the provision of slickline equipment and services, effective on April 16, 2025.

Construction Of Petroleum Storage And Refinery At SOGIP Expected To Begin In April

KOTA KINABALU, Feb 18 (Bernama) -- The construction of the petroleum storage and refining plant at the Sipitang Oil and Gas Industrial Park (SOGIP) is expected to begin this April, said Sabah Chief Minister Datuk Seri Hajiji Noor.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Feb 18 (Bernama) --  Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.

Petronas-Petros Agreement Provides Certainty, Brings Confidence To Malaysia's Oil And Gas Sector

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.

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

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.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

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. 

Late Buying In Banks Helps Bursa Malaysia To End With Modest Loss

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

Bursa Malaysia Ends Morning Session Flat Weighed Down By Global Uncertainties

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia ended almost flat in the morning session weighed down by global trade war uncertainties and their possible impact on US inflation.

Three Long-term Plans For JS-SEZ To Mitigate Traffic Congestion - Economy Ministry

KUALA LUMPUR, Feb 14 (Bernama) — The government has outlined three long-term plans to mitigate potential traffic congestion that may result from the Johor-Singapore Special Economic Zone (JS-SEZ) development, according to the Economy Ministry.

Dialog Halts Malic Acid Project In Pahang, Writes Off RM90.7 Mln in 2Q FY2025

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).

Dialog Posts RM129 Mln Net Loss In Second Quarter Due To One-off Impairment, Cost Overruns

KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd recorded a net loss of RM129.49 million in the second quarter ended Dec 31, 2024, compared to a net profit of RM148.288 million in the corresponding period in 2023.