News List

MGA welcomes industry's first third party LNG cargo 

KUALA LUMPUR, Oct 9 -- The Malaysian Gas Association (MGA), the nation’s lead advocate for the local gas industry, welcomed the delivery of the first third party liquefied natural gas (LNG) cargo, a testament that the natural gas market reforms in Malaysia remain on track to ensure sustainability of the industry.

Petronas, Komipo sign 5-year LNG sale and purchase agreement

KUALA LUMPUR, Oct 9  -- Petroliam Nasional Bhd (Petronas) via its subsidiary Petronas LNG Ltd (PLL) has entered into a five-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with Korea Midland Power Co Ltd (KOMIPO).

First environmentally friendly oil palm effluent treatment plant opens in Pahang

KUANTAN, Oct 8 -- Pahang has become the first state in Malaysia to have an environmentally friendly effluent treatment plant for oil palm factory from Japan.

MBIC hopes govt introduces green procurement policy

KUALA LUMPUR,  Oct 8 -- Malaysia Biomass Industries Confederation (MBIC) hopes the government can come out with green procurement policy which focuses on the total support of local green products supply chain and ventures, said its president Datuk Leong Kin Mun.

First gas delivery under TPA will spur more interest -- Petronas Gas

KUALA LUMPUR, Oct 8  -- Petronas Gas Bhd (PGB), the gas business arm of the national oil company, is optimistic that the first delivery of gas under the Third Party Access (TPA) will attract more interest in the new gas importation mechanism.

It's up to Petronas to decide on Saudi Aramco’s offer -- PM

KUALA LUMPUR, Oct 7 -- Prime Minister Tun Dr Mahathir Mohamed said it is entirely up to Petroliam Nasional Bhd (Petronas) to decide whether it wants to take part in Saudi Aramco’s initial public offering (IPO).

O&G taxes issue to be settled soon - Abang Johari

Chief Minister Datuk Patinggi Abang Johari Tun Openg said, Sarawak's demands related to the five per cent export duties of oil and gas extracted from the country's territorial waters from Petronas would be settled in a few months.

Petronas sets up venture capital arm to enhance further growth

KUALA LUMPUR,  Oct 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) has set up a venture capital arm, Petronas Corporate Venture Capital (CVC), to drive technology innovation and maintain a competitive edge to support its core oil and gas business for further growth.

GPP Resources debuts on Bursa Malaysia's LEAP market at 28.5 sen

KUALA LUMPUR, Oct 4 -- Green energy company GPP Resources Bhd, made its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (LEAP) at 28.5 sen, a premium of half-a-sen from its reference price of 28 sen.

PIKOM seeks clarification on digital tax implementation

By AISHAH MOHMAD AFANDI

KUALA LUMPUR, Oct 4 (Bernama) -- The National ICT Association of Malaysia (PIKOM) is seeking clarification from the government on whether the industry will be subjected to digital tax, withholding tax or both on January 1, next year.