There are 55 news based on search keyword " oil and gas"

Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

Sabah Set To Get 40 Pct Stake In FLNG Project, Says Hajiji

KALABAKAN, Aug 1 (Bernama) -- The Sabah government is expected to secure a 40 per cent stake in a floating liquefied natural gas (FLNG) project in the state under an agreement to be signed with Petronas in the coming months.

Petra Energy Unit To Dispose Of Two Vessels For RM61.31 Mln

KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.

United Asiapac Energy Launches IPO At 35 Sen A Share

KUALA LUMPUR, July 28 (Bernama) -- Oil and gas services firm United Asiapac Energy Bhd has launched its initial public offering (IPO) at an issue price of 35 sen per share, with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for Aug 19.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

Bursa Malaysia To Trade Cautiously Next Week Amid FOMC Cues, West Asia Developments

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as investors continue to monitor developments in West Asia, crude oil prices and cues from the upcoming US Federal Open Market Committee (FOMC) meeting on interest rate outlook, an analyst said.

Bursa Malaysia Snaps 3-Day Losing Streak To End Higher

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.

Ringgit Eases Against US Dollar, Tracks Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 23 (Bernama) -- The ringgit eased against the US dollar in the early session, tracking other major currencies, as the domestic unit is likely to stay cautious amid lingering West Asia tensions that further disrupt global oil and gas flows. 

Petros Achieves Sarawak's First Onshore Oil Production In Over 50 Years

SIBU, July 22 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg today announced that Petroleum Sarawak Bhd (Petros) has achieved first oil at the Adong Kechil West (AKW) field near Marudi, marking the return of onshore oil production in Sarawak after more than 50 years.

EPIC Sees ECRL Spur Line Driving Revenue To RM700 Mln By 2030

KEMAMAN, July 21 (Bernama) -- EPIC Bhd expects the East Coast Rail Link (ECRL) project, particularly the spur line to Kemaman Port, to be a key growth driver, with revenue projected to reach RM700 million by 2030.

KWAN Must Reflect Malaysia's Broader Natural Resource Wealth -- Amir Hamzah

KUALA LUMPUR, July 16 (Bernama) -- The National Trust Fund (KWAN) Bill 2026, passed in the parliament today, underscores Malaysia's commitment to diversifying its economy.