4d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.
5d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 9 (Bernama) -- Brent oil surpassed US$100 per barrel for the first time since July 2026 as the escalation in the United States (US)-Iran conflict, including attacks on oil tankers and Saudi Arabia’s energy facilities, raises concerns about further supply disruptions through the Strait of Hormuz and the Red Sea.
5d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Malaysia’s Industrial Production Index (IPI) expanded 4.7 per cent year-on-year (y-o-y) in July 2026, supported by growth in the manufacturing and electricity sectors, according to the Department of Statistics Malaysia (DOSM).
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.
9d ago
By Arul Rajoo Durar Raj and Nor Baizura Basri
KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia has been actively laying the groundwork to pave the way for a possible nuclear application in the country's energy mix, although it may not materialise in the foreseeable future.
11d ago
KUALA LUMPUR, Sept 3 (Bernama) -- Malaysia's economy is expected to grow by around 5 per cent in 2026, supported by strong momentum in the country's current economic growth, said Economy Minister Akmal Nasrullah Mohd Nasir.
11d ago
KUALA LUMPUR, Sept 3 (Bernama) -- China-Egypt cooperation has expanded beyond major industrial projects to encompass broader trade, investment and strategic ties, with the Suez Economic and Trade Cooperation Zone emerging as a key example of bilateral economic collaboration, according to an article published by China Global Television Network (CGTN).
12d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Oil & Gas Asia (OGA) 2026 will take place from Sept 2-4, 2026, at the Kuala Lumpur Convention Centre, and it is expected to attract more than 30,000 trade attendees and feature over 2,000 participating brands and companies.
12d ago
KUALA LUMPUR, Sept 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain Malaysia's oil and gas production at two million barrels of oil equivalent per day (mmboe/d) through 2028, said its president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz today.
13d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Amanah Raya Bhd has appointed Datuk Mohd Iskandar Dzulkarnain Ramli as its group managing director, effective today.
13d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.
14d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) upstream capital expenditure (capex) will recover in the financial year ending Dec 31, 2027, alongside rising energy security investments across the region, said Hong Leong Investment Bank (HLIB) today.