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KUALA LUMPUR, Feb 20 (Bernama) -- Petronas Dagangan Bhd’s (PDB) net profit increased to RM1.09 billion in the financial year ended Dec 30, 2024 (FY2024), compared to RM943.08 million in the same period a year earlier.
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KUALA LUMPUR, Feb 18 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has successfully concluded the Malaysia Bid Round 2024 (MBR 2024) with the signing of two production sharing contracts (PSCs) for Blocks SB306A and SB306B, located off the coast of Sabah.
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KUALA LUMPUR, Feb 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) is still in the early stages of exploration activities for the Langkasuka Basin, where the 2D seismic data acquisition has just been completed in 2024.
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KUALA LUMPUR, Feb 18 (Bernama) -- Deleum Bhd’s wholly owned subsidiary, Deleum Oilfield Services Sdn Bhd, has secured a contract from Petronas Carigali Sdn Bhd for the provision of slickline equipment and services, effective on April 16, 2025.
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KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.
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By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 17 (Bernama) -- The agreement reached between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) provides certainty that the country's oil and gas sector will remain sustainable while also boosting investor confidence in the industry’s competitiveness.
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KUALA LUMPUR, Feb 17 (Bernama) -- The Federal government and the Sarawak state government have accepted Sarawak’s oil industry aspirations as embodied under the Distribution of Gas Ordinance 2016 (Amendment) (DGO), said Prime Minister Datuk Seri Anwar Ibrahim today.
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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.
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KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.
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By NurulJannah Kamaruddin
KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia ended almost flat in the morning session weighed down by global trade war uncertainties and their possible impact on US inflation.
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KUALA LUMPUR, Feb 13 (Bernama) -- Dialog Group Bhd’s wholly owned subsidiary Dialog Malic Acid Sdn Bhd has discontinued its malic acid project in Gebeng, Pahang, with total capital expenditure incurred to date of RM90.7 million been written off in the second quarter ended Dec 31, 2024 (2Q FY2025).
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KOTA KINABALU, Feb 12 (Bernama) -- Majlis Amanah Rakyat (MARA), through the MARA-Petronas Automotive Entrepreneur Development Programme (PUMP), is providing more opportunities for local entrepreneurs in Sabah to venture into the automotive industry in the state.