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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.

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.