There are 202 news based on search keyword " petroleum"

Rubber Market Ends Higher, SMR 20 Highest Since 2017

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, with the price of Standard Malaysian Rubber 20 (SMR 20) reaching its highest level since 2017, which recorded 933.5 sen per kilogramme (kg) in April, a dealer said.

AM Best Affirms Petrolimex Insurance Ratings With Stable Outlook

KUALA LUMPUR, Dec 6 (Bernama) -- Global credit rating agency, AM Best has affirmed Vietnam’s Petrolimex Insurance Corporation (PJICO) financial strength rating of B++ (good), the long-term issuer credit rating of “bbb” (good), and the country National Scale Rating (NSR) of aaa.VN (exceptional).

Rubber Market Ends Mixed Amid Stronger Ringgit And Regional Trends

KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, weighed down by the stronger ringgit against the US dollar and a mixed performance in regional rubber futures markets, a dealer said.

Bursa Malaysia Extends Positive Momentum In Early Session

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia extended its positive momentum in the early session on Thursday, tracking the upbeat performance on Wall Street overnight amid improving consumer confidence.

Crude Oil And Condensate Production Totalled 41.8 Mln Barrels In 3Q 2024

KUALA LUMPUR, Dec 3 (Bernama) -- The production of crude oil and condensate totalled 41.8 million barrels in the third quarter of 2024 (3Q 2024), declining by 8.9 per cent compared to the previous year, the Department of Statistics Malaysia (DOSM) reported.

India's Commerce Department Urges ASEAN To Buy More From India

From Ahmad Aidil Syukri Hamzah

NEW DELHI, Nov 29 (Bernama) -- The balance of trade relationship between India and ASEAN is crucial for long-term economic growth and should not be skewed in favour of one side, said India’s Commerce Department’s Additional Secretary Rajesh Agrawal.

Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.

MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030

PETALING JAYA, Nov 27 (Bernama) --  The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).

PPI Continues To Fall, 2.4 Pct Lower In October 2024

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia’s Producer Price Index, which measures the price changes of goods at the producer level, fell by 2.4 per cent in October 2024, said the Department of Statistics Malaysia (DOSM).

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira. 

Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins

KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.

Sarawak Makes Significant Progress In CCUS - Abang Johari

KUCHING, Nov 25 (Bernama) -- Sarawak is making significant progress in carbon capture, utilisation and storage (CCUS) to position the state as the CCUS heartland for the Asia Pacific region, said Sarawak Premier Tan Sri Abang Johari Tun Openg.