News List

Central Spectrum co-sponsoring TDS2019 helps promote Selangor Bio Bay

PORT KLANG, Dec 18 – The participation of Central Spectrum (M) Sdn Bhd (Central Spectrum) as co-sponsor of the 'Tour de Selangor 2019' (TDS 2019) cycling race could help promote the Selangor Bio Bay (SBB) property in Pulau Indah, here.

Stakes in Petronas: chance for Sarawak, Sabah to own global-class shares

KUCHING, Dec 18  -- Prime Minister Tun Dr Mahathir Mohamad wants Sarawak and Sabah to consider Petronas’ position as a global oil company when studying the proposal to own stakes in the company.

Sabah to establish state energy commission next year

PAPAR, Dec 14 -- The Sabah state government will table a bill to set up the state energy commission next year, said Chief Minister Datuk Seri Mohd Shafie Apdal.

Outlook for oil and gas industry challenging - Petronas

KUALA LUMPUR, Dec 14 -- The outlook for the oil and gas industry remains challenging amid geopolitical upheavals, prolonged trade tensions, and a global economic slowdown resulting in demand disruptions, Petronas vice president for group procurement Liza Mustapha said.

Petroventure Energy to build RM9.5 bln refinery in Sabah

KOTA KINABALU, Dec 14 -- Petroventure Energy Sdn Bhd Friday signed a Heads of Agreement (HOA) with Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) to build Sabah’s first petroleum oil storage and refinery with investments of over US$2.3 billion (RM9.5 billion).

"Individuals cannot solve problems such as climate change on their own. Not in your lifetime" - Barack Obama.

KUALA LUMPUR, Dec 13  – "Individuals cannot solve problems such as climate change on their own. Not in your lifetime,” said former United States president  Barack Obama.

Outlook for oil and gas industry challenging - Petronas

KUALA LUMPUR, Dec 13 -- The outlook for the oil and gas industry remains challenging amid geopolitical upheavals, prolonged trade tensions, and a global economic slowdown resulting in demand disruptions, Petronas vice president for group procurement Liza Mustapha said.

Govt aims for 20 per cent renewable energy use by 2025

PUTRAJAYA, Dec 13 -- Malaysia remains committed to addressing the climate change in line with the Paris Agreement and Climate Change Convention as the government is seeking to increase the country’s target of renewable energy generation to 20 per cent by 2025.

Stakes in Petronas: Sarawak govt wants details

KUCHING, Dec 13 -- The Sarawak government will only reveal its stand on the Federal government’s plan to offer Petronas stakes to the oil and gas-producing state once they have the details on the offer.

Malaysia an ideal destination for Qatari investors, says Dr. M

DOHA, Dec 12 -- Prime Minister Tun Dr Mahathir Mohamad has expressed confidence that Malaysia will be an ideal destination for Qatari investors, especially to access the broader market in the ASEAN region.