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Petronas Clarifies SSGP Decommissioning Affects Only Sections In Sarawak

KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak. 

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).

LoopMe Expands APAC Operations With New Appointments, Office Openings

KUALA LUMPUR, Jan 24 (Bernama) -- LoopMe, an artificial intelligence (AI)-driven technology company, has announced continued expansion in the Asia Pacific (APAC) region after achieving a 40 per cent organic gross revenue compound annual growth rate (CAGR) from 2018 to 2024.

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

WEF25: Saudi Ministers Discuss Economic Resilience, Regional Growth Opportunities

KUALA LUMPUR, Jan 23 (Bernama) -- Saudi Arabia’s Minister of Economy and Planning, Faisal F. Alibrahim has highlighted the Kingdom’s long-term approach to growth at the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Switzerland.

Maybank IB, HLIB Expect OPR To Remain At 3.00 Pct In 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its forecast for the overnight policy rate (OPR) at 3.00 per cent this year to support domestic growth amid external headwinds.

MIDF: OPR Remains At 3 Pct This Year As The Current Setting Continues To Support Sustainable Economic Growth

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF). 

OPR Continues To Be Supportive Of The Economy -- BNM Governor

KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-

Maybank IB Forecasts 41 Pct Gateway Container Mix For Westports In FY2025

KUALA LUMPUR, Jan 21 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) forecast a 41 per cent gateway container mix for Westports Holdings Bhd in financial year 2025 (FY2025), compared to 45 per cent recorded in the third quarter last year, with a tariff hike anticipated in FY2027.