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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.

Malaysia's 'Rainforest Canopy' at Expo 2020 Dubai, targets RM10 billion in trade, investment

KUALA LUMPUR, Oct  1 -- The Ministry of  Energy, Science, Technology, Environment and Climate Change has launched 'The Rainforest Canopy' concept and design for the Malaysia Pavilion at Expo 2020 Dubai, targeting RM10 billion in potential trade and investment. 

Afghanistan open to more investors from Malaysia

By Voon Miaw Ping

KUALA LUMPUR, Oct 1 -- Afghanistan is hoping to tap on Malaysia's expertise and participation in a wide range of economic sectors as the republic take on the road to rebuilding the country after decades of being mired in wars and political turmoil.

CIMB banks on renewable technology for SMEs

KUALA LUMPUR, Oct 1 -- CIMB Group Holdings Bhd has launched a financing facility for small and medium enterprises (SMEs) to buy and install equipment related to renewable energy technologies.

Malaysia to review greenhouse gas emissions commitment - MESTECC

KUALA LUMPUR, Oct 1 -- Malaysia will be reviewing its greenhouse gas (GHG) emissions commitment, pledged under the Paris Agreement (PA) in 2016, said Yeo Bee Yin, the Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC).