Institutions Over Barrels: Why Petronas Matters to Malaysia’s Energy Security

By Samirul Ariff

Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.

France Seeks To Expand Investments In Malaysia’s Aeronautics, Energy And Critical Minerals Sectors -- Envoy

By K. Naveen Prabu

KUALA LUMPUR, March 13 (Bernama) -- France is encouraging more of its companies to invest in Malaysia, particularly in sectors such as aeronautics, energy, and critical minerals, including rare earth elements (REE), according to French Ambassador to Malaysia, Marc Abensour.

Petronas Activates Business Continuity Protocols In UAE

By Siti Radziah Hamzah

KUALA LUMPUR, March 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has activated its business continuity protocols for its United Arab Emirates (UAE) operations to ensure operational and financial performance across the region. 

Sabah Welcomes More Collaboration With Petronas - Hajiji

KOTA KINABALU, March 3 (Bernama) -- Sabah Chief Minister Datuk Seri Hajiji Noor has welcomed Petroliam Nasional Bhd’s (Petronas) commitment to exploring further collaboration to enhance Sabah’s participation in the oil and gas industry.

Force Majeure Unlikely Despite Strait Of Hormuz Shipping Disruption -- Analyst

KUALA LUMPUR, March 1 (Bernama) -- Gulf national oil companies are unlikely to declare force majeure pre-emptively amid elevated geopolitical risks in the Middle East, following the reported sea traffic disruptions in the Strait of Hormuz, said SPI Asset Management managing partner Stephen Innes today.

Vendors Receive Payments From Govt Investment In Vantris Energy -- Amir Hamzah

KUALA LUMPUR, Feb 26 (Bernama) — More than 1,400 local vendors have received payments following the government’s RM1.1 billion investment in Vantris Energy Bhd, said Finance Minister II Amir Hamzah Azizan.

EPIC OG, Begas Energy Ink Deal For Sabah Terminal Project

KOTA KINABALU, Feb 23 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a company linked to the Terengganu government, has established a strategic partnership with Begas Energy Sdn Bhd, based in Sabah, through its subsidiary, EPIC OG Sdn Bhd.

Petronas Does Not Plan To Reduce Oil And Gas Production In Sabah Despite Falling Oil Prices

KUALA LUMPUR, Feb 12 (Bernama) -- Petronas has no plans to reduce oil and gas production in Sabah, despite the global oil and gas industry facing the challenge of a sharp drop in prices, said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

SumiSaujana To Supply More Biodegradable Materials This Year In Diversification Push

By Zufazlin Baharuddin

KUALA SELANGOR, Jan 18 (Bernama) -- SumiSaujana Group Bhd, through wholly-owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM), plans to diversify further into bio-based specialty chemical materials this year, building on its core capabilities in producing both ready-formulated and custom-made specialty chemicals and additives.

Petronas Dividends Subject To Global Oil Market Performance - PM Anwar

PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.

Labuan Crude Oil Terminal Marks 50 Years As Malaysia’s Energy Gateway -- Hibiscus Petroleum Chairman

LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.

Sarawak Non-LNG Gas Demand To Reach 500 mmscfd By Year-end -- Azalina

KUALA LUMPUR, Nov 10 (Bernama) -- Domestic natural gas demand in Sarawak for the non-liquefied natural gas (LNG) market is projected to rise to 500 million standard cubic feet per day (mmscfd) by year-end.