Petronas Clarifies Status Of DGO Talks With Petros

KUALA LUMPUR, Oct 31 (Bernama) — PETRONAS wishes to clarify that it is still in discussions with Petroleum Sarawak Bhd (Petros) on the proposed implementation of the Distribution of Gas Ordinance (DGO).

Petros To Allocate RM40 Bln For Capex Over The Next Five Years -- Chairman

KUCHING, Oct 31 (Bernama) -- Petros, the Sarawak government-owned oil and gas company, is allocating about RM40 billion over the next five years for its capital expenditure (capex), according to its chairman, Tan Sri Hamid Bugo.

Black & Veatch Serves As Owner's Engineer For Combined Cycle Power Plant In Sarawak

KUALA LUMPUR, Oct 22 (Bernama) -- Black & Veatch, a global leader in critical infrastructure solutions, has been chosen as the owner’s engineer for PETROS Power Sdn Bhd’s (PETROS Power) Miri Combined Cycle Gas Turbine (Miri CCGT) Power Plant in Sarawak, Malaysia.

Mitsubishi Power Aims To Expand Gas Turbine Expertise In Asia Pacific

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 9 (Bernama) -- Mitsubishi Power Asia Pacific Pte Ltd aims to expand its gas turbine expertise in Southeast Asia, given the significant utilisation potential of natural gas and liquefied natural gas (LNG) in the region.

Sarawak Mulls Forming 'Consolidated Entity' For State's Asset Management, Investment - Abang Jo

KUCHING, Oct 3 (Bernama) -- Sarawak is considering establishing a “consolidated entity” for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices

KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.