Petronas Maintaining Operations In Canada

KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada. 

India Cuts Import Tax On Crude Edible Oils To 10 Pct - CIMB Securities

KUALA LUMPUR, June 3 (Bernama) -- India has cut the basic import duty on crude edible oils to 10 per cent from 20 per cent, effective May 31, and applies to crude palm oil (CPO), crude soybean oil, and crude sunflower oil.

Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China

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.

Sarawak Considers Pilot Project For Gold Mining In Bau

KUCHING, May 28 (Bernama) -- The Sarawak government is in the process of assessing the potential for gold mining in Bau, near here, following the discovery of new gold deposits in the area, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

Malaysian Cocoa Board To Enhance Cocoa Industry's Competitiveness Via R&D

KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.

EXIM Bank To Support Mac World's Expansion Into Gulf Region With Strategic Financing

KUALA LUMPUR, May 22 (Bernama) -- The Export-Import Bank of Malaysia Bhd (EXIM Bank) has inked a financing agreement with Mac World Food Industries LLC, a subsidiary of Mac World Group, to support its expansion into the Gulf Cooperation Council (GCC) market.

Petronas To Continue Its Function, Activities In Line With Petroleum Development Act 1974

PUTRAJAYA, May 21 (Bernama) -- Petroliam Nasional Bhd (Petronas) will continue to fulfil its function, activities, responsibilities and obligations as mandated under the Petroleum Development Act 1974 (PDA 1974) and related regulations.

EPMS Partners Sinopec SLT, ICSB To Explore Offshore O&G Projects

KOTA KINABALU, May 20 (Bernama) -- Eastern Pacific Marine Services Sdn Bhd (EPMS), a subsidiary of EPIC Bhd, has signed a strategic partnership with SINOPEC Heavy Lifting and Transportation Co. Ltd. (SINOPEC SLT) and Innoprise Corporation Sdn Bhd (ICSB), the investment arm of Yayasan Sabah Group.

Research Houses Positive On Dialog's Long-term Ventures Despite Lower 3Q Profit

KUALA LUMPUR, May 16 (Bernama) -- Research houses are positive on Dialog Group Bhd’s long-term ventures in the upstream and midstream segments despite its lower net profit for the third quarter ended March 31, 2025 (3Q FY2025).

Malaysia's Palm Oil Inventory Set To Rise 15 Pct In May 2025 - CIMB Securities

KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd. 

HLIB Maintains 'Neutral' Call On Malaysian Plantation Sector Amid Mixed Outlook

KUALA LUMPUR, May 13 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained its 'neutral' call on the plantation sector, citing a lack of clear demand catalysts and mixed earnings prospects across both upstream and downstream segments.

Malaysia To Boost Semiconductor Expertise As US Rescinds Chip Export Curbs

KUALA LUMPUR, May 12 (Bernama) -- Malaysia can have greater access to more advanced semiconductor chips following Washington’s move to rescind curbs on chip exports, a move that can propel it to move beyond its current strength in midstream packaging and testing into higher-value upstream chip design.