First LNG Shipment From Canada In July - Petronas

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) has announced that its first liquefied natural gas (LNG) shipment from its joint venture, LNG Canada, is now expected to occur in July 2025.

Global Gas Industry Takes Leading Role In The Rise Of Global Energy Demand - IGU

KUALA LUMPUR, Feb 25 (Bernama) -- The global gas industry is taking a leading role in identifying new ways to meet the global energy demand needs that continue to increase.

MSM Returns To Black With RM31.25 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 24 (Bernama) -- MSM Malaysia Holdings Bhd (MSM) has returned to the black in the financial year ended Dec 31, 2024 (FY2024), recording a net profit of RM31.25 million compared to a net loss of RM49.88 million in FY2023.

Analysts Upbeat On MISC Cite Strong Cash Flow

KUALA LUMPUR, Feb 24 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on MISC Bhd, citing its steady operating cash flow and solid balance sheet, which position it well to pursue growth opportunities in the floating production storage and offloading (FPSO) market.

Gas Malaysia Up On Higher FY2024 Net Profit

KUALA LUMPUR, Feb 19 (Bernama) -- Gas Malaysia Bhd’s shares on Bursa Malaysia rose in the morning session after it posted a higher net profit for the financial year ended Dec 31, 2024 (FY2024).

Gas Malaysia Posts Higher Net Profit Of RM441.39 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Gas Malaysia Bhd posted a higher net profit of RM441.39 million for the financial year ended Dec 31, 2024 (FY2024), up from RM383.40 million a year ago.

EPIC Chalks Up Record Revenue Of RM403.8 Mln For FY2024

KUALA LUMPUR, Feb 18 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, achieved record revenue of RM403.8 million in the 2024 financial year.

Petronas-Petros Agreement Provides Certainty, Brings Confidence To Malaysia's Oil And Gas Sector

By NurulJannah Kamaruddin

KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.

Federal Govt welcomes Sarawak's Aspiration To Spur Its oil Industry -- PM Anwar

KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

Malaysian, Turkish Businesses Need To Explore Collaboration Possibilities -- Ambassador

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysian businesses are encouraged to explore collaboration possibilities with their counterparts in Turkiye to create more synergy between the two nations, said Ambassador of Malaysia to Turkiye Sazali Mustafa Kamal.

Lack Of Investments And Cost Of Capital For Gas Development Weaken Energy Security - International Gas Union

KUALA LUMPUR, Feb 13 (Bernama) -- The lack of investments and raising the cost of capital for gas development will endanger energy security and weaken the industry's capability to provide affordable, reliable and sustainable energy to people at large, said International Gas Union (IGU) president Li Yalan (she).