National Gas Roadmap In Process Of Being Finalised – Rafizi

KUALA LUMPUR, April 14 (Bernama) -- The National Gas Roadmap is currently being finalised and is scheduled to be launched this year, said Economy Minister Datuk Seri Rafizi Ramli.

Putra Heights Fire: Massimo Temporarily Halts Bread Production

KUALA LUMPUR, April 3 (Bernama) -- The Italian Baker Sdn Bhd, producer of Massimo bread loaves, has announced a temporary disruption in the production of its bakery products due to the gas pipeline blaze in Putra Heights, which had affected the LNG supply to its factory.

Foreign Investors Return To Asian Markets With US$93.8 Mln Net Inflow - MIDF

KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.

Malaysia Must Prioritise Green Shipping As Global Maritime Industry Leans Towards Protecting Environment - Consultant

KUALA LUMPUR, March 9 (Bernama) – Malaysia should embrace and prioritise green shipping trends to remain relevant despite its strategic advantage along the Strait of Malacca, a global management consultant said.

Malaysia’s Natural Gas Production Rebounds, Up 3 Pct In 2024 -- DOSM

KUALA LUMPUR, March 4 (Bernama) -- Malaysia’s natural gas production rose three per cent to 2,948.8 billion cubic feet in 2024, rebounding from previous declines, the Department of Statistics Malaysia (DOSM) said.  

Wasco Delivers Best Financial Performance In FY2024, Declares 2 Sen Dividend

KUALA LUMPUR, March 1 (Bernama) -- Energy solution provider Wasco Bhd delivered its best annual financial performance in the year ended Dec 31, 2024 (FY2024) with a 41.2 per cent jump in net profit to RM153.04 million.

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.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

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.

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 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. 

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).