| LATEST NEWS | PM Anwar Ibrahim arrives in Ashgabat at 8 pm local time (11 pm Malaysian time) for a two-day official visit to Turkmenistan | Federal Government Approves Establishment of National Tahfiz Council - Ahmad Zahid | Johor Polls: Chu Poh Yee named DAP candidate for Mengkibol state seat, replacing Chew Chong Sin - Loke | |
By Siti Radziah Hamzah
KUALA LUMPUR, May 26 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) move to assume full ownership of the Pengerang Integrated Complex’s refining and petrochemical operations from Saudi Aramco could further cement Malaysia’s longer-term ambition of positioning Pengerang as a major regional hub for refining, storage, petrochemicals and trading.
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia stayed lower at midday, weighed down by persistent selling activities in selected heavyweights, led by utilities, telecommunications and media, as well as consumer products and services sectors.
KUALA LUMPUR, May 25 (Bernama) -- Petronas announced today that its subsidiary, Petronas Refinery and Petrochemical Corporation Sdn Bhd, is set to acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.
KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia closed lower on Monday as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US inflation release.
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia ended the morning session lower as continued selling on selected heavyweights, led by the industrial products and services and utilities counters, weighed on market sentiment.
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed by cautious investor sentiment and subdued buying interest, which offset stronger gains on Wall Street last Friday.
KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) confirmed that an incident occurred at approximately 12.50 pm yesterday during lifeboat maintenance work at the Floating Storage and Offloading (FSO) vessel Sepat at the Sepat field off Terengganu, in offshore East Coast Peninsular Malaysia.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions.
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia stayed in positive territory at midday supported by persistent buying in selected heavyweights, led by industrial products and services as well as consumer products and services sectors.
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight gains as hopes grew for a resolution of the West Asia conflict, coupled with positive domestic economic data.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
