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KUALA LUMPUR, July 8 (Bernama) -- Petronas Carigali Sdn Bhd has signed the third joint development agreement (JDA) with IBM Malaysia Sdn Bhd (IBM) and Tridiagonal.AI Pvt Ltd (T.AI) to advance its flagship TriCipta AI across the upstream value chain.
KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.
By Siti Radziah Hamzah
KUALA LUMPUR, July 7 (Bernama) -- Asia Pacific (APAC) offshore spending remains broadly stable post-West Asia conflict, with Southeast Asia (SEA) estimated to see a 12 per cent increase in greenfield capital expenditure (capex) to more than US$100 billion (US$1 = RM4.08), reflecting stronger prioritisation of new offshore developments, said Hong Leong Investment Bank Bhd (HLIB) today.
KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
By Harizah Hanim Mohamed
KUALA LUMPUR, June 29 (Bernama) -- A fully liberalised gas market based on a willing seller-willing buyer principle, coupled with the removal of the gas price cap, is needed to attract more international players and spur a more competitive industry, said Malaysia Gas Association (MGA) president Abdul Aziz Othman.
KUALA LUMPUR, June 26 (Bernama) -- Yinson Holdings Bhd is well-positioned to capitalise on a potential upcycle in upstream offshore investments, particularly within the floating production, storage and offloading (FPSO) segment.
By Siti Radziah Hamzah
KUALA LUMPUR, June 25 (Bernama) -- Petroliam Nasional Bhd's (Petronas) expanding role in Turkmenistan has emerged as a key pillar of renewed Malaysia-Turkmenistan relations, following Prime Minister Datuk Seri Anwar Ibrahim's recent official visit to the Central Asian nation, with the national oil and gas company’s long-standing presence continuing to open new avenues for energy cooperation, economic growth and broader bilateral collaboration.
KUALA LUMPUR, June 23 (Bernama) – The 60-day waiver on the sale of Iranian crude oil in the global market has opened the door for Iran and Malaysia to further strengthen economic cooperation, particularly in the energy sector.
KUALA LUMPUR, June 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to Turkmenistan, which saw Petroliam Nasional Bhd (Petronas) cement new agreements after a 30-year presence in the country, should be viewed as more than a diplomatic mission, economists said.
KUALA LUMPUR, June 21 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) latest energy agreements in Turkmenistan and Russia underscore both Malaysia’s strong diplomatic relations with the two countries and the national oil company’s long-established reputation as a trusted global energy player, an analyst said.
KUALA LUMPUR, June 21 (Bernama) -- BRICS International Malaysia welcomes the positive outcomes of Prime Minister Datuk Seri Anwar Ibrahim’s official visits to Russia and Turkmenistan, particularly in advancing Malaysia’s long-term energy security, enhancing oil and gas cooperation and strengthening strategic economic partnerships.
KUALA LUMPUR, June 21 (Bernama) -- The success of Petroliam Nasional Bhd (Petronas) in expanding its role in Turkmenistan's energy sector opens access to some of the world's largest gas reserves, thus strengthening Malaysia's position in the global energy landscape, said Prime Minister Datuk Seri Anwar Ibrahim.
