Sabah To Raise OGSE Contracts For Local Firms By 100 Per Cent This Year – Hajiji

KOTA KINABALU, July 3 (Bernama) -- The Sabah government, in collaboration with Petroliam Nasional Bhd (Petronas) and industry partners, has set a target to increase by 100 per cent the value of local contracts in the oil and gas services and equipment (OGSE) sector awarded to Sabah-based companies this year.

Malaysia, Italy To Deepen Economic Ties With Focus On Energy Transition

From Arul Rajoo Durar Raj

ROME, July 2 (Bernama) -- Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.

Gamuda-Dong Pi JV Bags Kaohsiung Port Construction Project Worth RM3.72 Bln

KUALA LUMPUR, June 30 (Bernama) -- Gamuda Bhd, together with Taiwan-based Dong Pi Co Ltd, has been awarded a contract for the construction of a wharf and connecting roads for the Kaohsiung Port Intercontinental Liquefied Natural Gas (LNG) Terminal Construction project in Taiwan, worth RM3.72 billion.

Malaysia's PPI Declines By 3.6 Pct In May 2025 -- DOSM

KUALA LUMPUR, June 26 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 3.6 per cent in May 2025, following a 3.4 per cent decrease in April, according to the Department of Statistics Malaysia (DOSM).

CIMB Expects Electricity Tariff Reform To Have Minimal Inflation Impact

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s upcoming electricity tariff restructuring is expected to have a minimal impact on overall inflation, and its direct effect on headline consumer price index (CPI) is anticipated to be marginally disinflationary, said CIMB Investment Bank Bhd (CIMB).

Petronas LNG, Japan's JOGMEC Partner To Expand Collaboration In LNG Sector

KUALA LUMPUR, June 23 (Bernama) -- Petronas LNG Sdn Bhd (PLSB), a subsidiary of Petroliam Nasional Bhd (Petronas), has entered into a strategic liquefied natural gas (LNG) arrangement with the Japan Organisation for Metals and Energy Security (JOGMEC).

Petronas Should Adapt To New Energy Transition Demands Amid Economic And Geopolitical Uncertainties

By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir

KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.

DPM Fadillah To Visit Uzbekistan, Russia To Bolster Ties And Explore Tie-ups In Energy, High Tech

KUALA LUMPUR, June 19 (Bernama) – Deputy Prime Minister Datuk Seri Fadillah Yusof will visit Uzbekistan and Russia beginning this Friday to enhance bilateral economic relations, as well as explore tie-ups in the energy and high technology sectors.

Presence, Investment Of Major Global Companies Ensure Stability Of Nation’s Energy Sector - Anwar

KUALA LUMPUR, June 18 (Bernama) -- The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation’s energy sector, said Prime Minister Datuk Seri Anwar Ibrahim.

Iran-Israel Conflict Poses Limited Economic Risk To Malaysia - CIMB Securities

KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.

ConocoPhillips Eyes Investment In Sabah, Reaffirms Commitment To Malaysia

KUALA LUMPUR, June 18 (Bernama) -- United States oil giant ConocoPhillips has set its sights on potential investments in Sabah while reaffirming its long-term commitment to Malaysia.

Petronas LNG Navigates Short-term Market Volatility, Ensures Reliable Delivery -- Ceo

By Zufazlin Baharuddin

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary Petronas LNG Ltd (PLL) will continue to navigate short-term market volatility through strong operational systems and risk management processes to ensure reliable delivery of liquefied natural gas (LNG) to its buyers.