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KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).
KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
KUCHING, June 6 (Bernama) -- Sarawak has reaffirmed its position as Southeast Asia's clean energy leader, sharing the state’s vision for its energy plans at the Energy Export Conference (EEC) 2025 in Aberdeen, United Kingdom (UK).
KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.
KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada.
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
From Kisho Kumari Sucedaram
BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.
From Karina Imran
OSAKA, May 31 (Bernama) -- Sarawak is stepping up a plan to integrate Borneo into the ASEAN Power Grid (APG), underlining its commitment to regional energy cooperation, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.
KOTA KINABALU, May 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged oil and gas (O&G) industry players to play a role in training more young Sabahans, both at the university level and through Technical and Vocational Education and Training (TVET) programmes, to address the sector’s workforce needs.
KUALA LUMPUR, May 29 (Bernama) -- MIDF Amanah Investment Bank Bhd anticipates the implementation of RON95 fuel subsidy rationalisation may be pushed to the fourth quarter of 2025 due to unresolved issues such as eligibility and the delivery mechanism.
KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter.
