Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

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.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Bursa Malaysia Ends Lower On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Profit-taking activities dragged Bursa Malaysia to end marginally lower on Tuesday following yesterday's strong gains. 

Bursa Malaysia Slips At Midday On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia remained easier at midday, as profit-taking activities in selected blue-chip counters persisted, led by the healthcare counters. 

Bursa Malaysia Opens Firmer, Tracks Wall Street Gains

KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia opened firmer on Tuesday, tracking overnight gains on Wall Street as buying interest returned to technology stocks following last week’s artificial intelligence-led sell-off.

Petronas Awards PSC For Permata Cluster Off Sabah Coast

KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd. 

Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 9 -- Bursa Malaysia ended higher on Monday, supported by continued interest in blue-chip counters,  in line with the upbeat performance across regional markets, said an analyst. 

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

Malaysia, India To Promote Ringgit-rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia, India Recognise Great Strides By Petronas, Gentari In India’s Green Energy Push

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India recognise the significant progress made by Petroliam National Bhd (Petronas) and Gentari in India’s renewable energy and green hydrogen landscape in the energy sector.

Malaysia, India To Promote Ringgit-Rupee Use In Bilateral Trade - PM Anwar

PUTRAJAYA, Feb 8 (Bernama) -- Malaysia and India have agreed to expedite the use of the ringgit and rupee in bilateral trade and investment, said Prime Minister Datuk Seri Anwar Ibrahim.