Petronas Ownership Remains Under Federal Govt, Steps Taken To Enhance Participation Of States -- Azalina

KUALA LUMPUR, Aug 14 (Bernama) -- The ownership of Petroliam Nasional Bhd (Petronas) remains with the federal government, although steps were taken to enhance the participation of states through strategic collaboration platforms, joint project implementation, and involvement in the value chain, said Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.

Malaysia Can Be 'Beneficiary Window' Linking ASEAN To South Asia Through Bangladesh – Yunus

By Kisho Kumari Sucedaram 

KUALA LUMPUR, Aug 14 (Bernama) — Malaysia can be the “beneficiary window” in greater economic connectivity between ASEAN and the populous South Asia region, with Bangladesh’s central position as a strategic trade, production and investment hub offering immense business opportunities.

Decisions, Review Of Upstream Assets entirely Up To Petronas -- PM Anwar

KUALA LUMPUR, Aug 14 (Bernama) -- Any decisions on and review of upstream assets will be left entirely to Petroliam Nasional Bhd (Petronas) without political interference, said Prime Minister Datuk Seri Anwar Ibrahim. 

Malaysian Investors Urged To Tap Into Business Opportunities In Bangladesh

KUALA LUMPUR, Aug 12 (Bernama) -- Bangladesh's Chief Adviser Dr Muhammad Yunus has called on Malaysian investors to explore the vast business opportunities in Bangladesh, underpinned by the country’s youthful, creative and huge population.

Bangladesh Seeks More Malaysian Investment To Drive Sustainable, High-growth Economy -- Muhammad Yunus

PUTRAJAYA, Aug 12 (Bernama) -- Bangladesh is seeking greater Malaysian investment to strengthen its economy and build a high-growth, sustainable future, said Chief Adviser Prof Dr Muhammad Yunus.

Petronas Targets More LNG Projects In Canada Given Its Large Gas Reserves

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) is very keen to expand its presence in Canada as the country is now one of its major liquefied natural gas (LNG) suppliers, said executive vice president and chief executive officer of upstream business Mohd Jukris Abdul Wahab.

Petronas Reviewing Operational, Cost Efficiencies Amid Low Oil Price Environment

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)

Petronas, TNB Retain Top Spots In ASEAN’s O&G And Utility Brands - Brand Finance

KUALA LUMPUR, Aug 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Tenaga Nasional Bhd (TNB) have maintained their status as the leading brands in the oil and gas (O&G) and utility sectors in ASEAN, respectively, according to Brand Finance’s inaugural Energy 100 report.

Hibiscus Petroleum Sets 2030 Output Target At 70,000 Boe/day

KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.

Petronas Sets Up Transition Council, Human Capital Development Committee Following Restructuring

KUALA LUMPUR, July 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) has established a Transition Council and a Human Capital Development Committee aimed at coordinating a fair and structured redeployment of staff following the company's organisational restructuring.

Govt's RM100 Cash Aid To Spur Spending, Benefit Small Traders - Consultant

KUALA LUMPUR, July 29 (Bernama) -- The government’s RM100 one-off cash assistance is expected to generate a significant ripple effect for local economies, particularly benefiting small traders, wet market operators and neighbourhood retailers across the country.

Kenanga, CIMB Maintain ‘Buy’ On Yinson After US$600 Mln Vietnam Contract

KUALA LUMPUR, July 29 (Bernama) -- Kenanga Investment Bank Bhd and CIMB Securities Sdn Bhd have reiterated their “Buy” calls on Yinson Holdings Bhd after it secured a contract worth around US$600 million to provide and charter a floating storage and offloading (FSO) vessel in Vietnam. (US$1=RM4.21).