News List

Sarawak has the right to impose SST on petroleum products - Sharifah Hasidah

The Sarawak government has the constitutional right to levy State Sales Tax (SST) on the sale of petroleum products based on the Article 95B(3) of the Federal Constitution, Assistant Minister in the Chief Minister's Department Sharifah Hasidah Sayeed Aman Ghazali clarified.

We follow RSPO principles & have no-burn policy, says TDM

KUALA LUMPUR, Oct 3  -- TDM Bhd says it practises Roundtable on Sustainable Palm Oil (RSPO) principles and is strictly governed by the “no-burn” policy in the preparation of land for new planting, replanting or any other development in its plantation area.

LNG trial cargo a new milestone for gas market reform -MGA

KUALA LUMPUR, Oct 3 (Bernama) --  The agreement between Tenaga Nasional Bhd and Shell Malaysia Trading Sdn Bhd for a liquefied natural gas (LNG) trial cargo is an important milestone in the gas market reforms, said Malaysian Gas Association (MGA).

Petronas bags two Putra Brand Awards

KUALA LUMPUR, Oct 3 -- Petroliam Nasional Bhd (Petronas) bagged the Putra Brand Platinum Award and Hall of Fame Award for the automotive fuel, lubricants and accessories category at the recent Putra Brand Awards held here.

No offer yet from Saudi Aramco, says Petronas

KUALA LUMPUR, Oct 2 -- Petroliam Nasional Bhd (Petronas) said that it has yet to receive any offer to become a potential cornerstone investor in Saudi Aramco’s proposed Initial Public Offering (IPO).

TNBF signs GSA to deliver gas via LNG trial cargo

KUALA LUMPUR, Oct 2 -- TNB Fuel Services Sdn Bhd (TNBF), a wholly-owned subsidiary of Tenaga Nasional Bhd (TNB) has signed a gas sales agreement (GSA) with TNB and TNB Connaught Bridge Sdn Bhd for the delivery of gas via its maiden LNG trial cargo.

MISC, Avenir LNG bag US$28 mln charter contract from Petronas

KUALA LUMPUR, Oct 2 -- MISC Bhd’s collaboration with Avenir LNG Ltd has bagged a US$28 million (equivalent to RM17 million) (US$1=RM4.1850/1900) charter contract from Petroliam Nasional Bhd’s (Petronas) unit Petronas LNG Sdn Bhd (PLSB).

Daim leading negotiations to retrieve RM8.3 bln payment for pipeline projects - Lim

KUALA LUMPUR, Oct 2 – The former Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin is leading the negotiations with China to retrieve the RM8.3 billion that was already paid to contractors of the Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) projects.

Sabah mulls join venture with Kalimantan in downstream oil & gas activities

BALIKPAPAN, (Indonesia), Oct 1 -- A joint venture between Sabah and Indonesia in downstream oil and gas activities would benefit Borneo, said Sabah Chief Minister Datuk Seri Mohd Shafie Apdal.

Petronas, Pertamina can form good collaboration - Mohd Shafie

BALIKPAPAN (Indonesia), Oct 1 -- A collaboration between the national petroleum companies of Malaysia and Indonesia, namely Petronas and Pertamina, could make them among the world's most important players in the industry, says Sabah Chief Minister Datuk Seri Mohd Shafie Apdal.