KUALA LUMPUR, June 4 (Bernama) -- ConocoPhillips Sabah Gas Ltd, operator of the Kebabangan (KBB) gas field off the cost of Sabah, has taken final investment decision (FID) on May 21, 2026 for Phase 2 of the KBB gas field development.
KUALA LUMPUR, May 25 (Bernama) -- MISC Bhd reported a higher net profit of RM741.4 million for the first quarter ended March 31, 2026 (1Q FY2026), compared with RM705.7 million in the corresponding quarter last year.
KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)
KUALA LUMPUR, May 19 (Bernama) -- Petronas Gas Bhd (PGB) posted a lower net profit of RM438.68 million in the first quarter (1Q) ended March 31, 2026, down from RM468.79 million in the same period last year, in line with lower gross profit, coupled with lower profit generated from fund investments.
KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.
KUALA LUMPUR, May 8 (Bernama) -- MISC Bhd announced the naming of two new-generation liquefied natural gas (LNG) carriers, Seri Dian and Seri Dayang, further strengthening its long-standing partnership with Seariver Maritime LLC (SRM), a wholly-owned subsidiary of ExxonMobil.
From Niam Seet Wei
CEBU (Philippines), May 7 (Bernama) -- Malaysia does not sell oil to other ASEAN member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani.
KUALA LUMPUR, April 30 (Bernama) -- Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has signed definitive agreements with Japan-based oil and gas company ENEOS Xplora.
PUTRAJAYA, April 16 (Bernama) -- Australian Prime Minister Anthony Albanese is set to hold discussions with Petroliam Nasional Bhd (Petronas) to advance Malaysia-Australia energy cooperation, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, April 14 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that its subsidiary, Abaxx Exchange, has registered as an Organised Market Place (OMP) with the European Union Agency for the Cooperation of Energy Regulators (ACER) as of April 8.
KUALA LUMPUR, April 10 (Bernama) -- The global economy is facing renewed strain from the ongoing conflict in West Asia, with up to US$50 billion (US$1 = RM3.98) in financial support potentially needed to help vulnerable countries weather the shock, according to the International Monetary Fund (IMF).
KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.
