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PRefChem achieves 5th diesel lifting from its refinery in Pengerang

KUALA LUMPUR, Nov 23 -- Pengerang Refining and Petrochemical (PRefChem) today achieved another milestone with the lifting of 300,000 barrels of diesel from its refinery in the Pengerang Integrated Complex (PIC).



RON97 petrol price drops by 4 sen, RON95 and diesel prices maintained

KUALA LUMPUR, Nov 22  -- The retail price of RON97 petrol will drop by four sen to RM2.66 per litre, while the prices of RON95 petrol and diesel will be maintained at RM2.08 and RM2.18 per litre respectively, for the Nov 23 to 29 period.



PetDag net profit lower at RM239 mln in Q3 2019

KUALA LUMPUR, Nov 22 -- Petronas Dagangan Bhd (PetDag) recorded a lower net profit of RM239.0 million for the third quarter ended Sept 30, 2019 (Q3 2019) from RM270.27 million in the same period last year.



Petronas ramps up efforts to strengthen footprint in India

KUALA LUMPUR, Nov 22  -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.



Homegrown Malaysian company gains momentum in global offshore industry

LABUAN , Nov 22  -- Malaysia-owned Thunder Cranes Group has secured a major multi-million dollar contract with Chevron Corporation to provide lifting services for their plug and abandonment work involving some 3000 wells in the Gulf of Thailand.



PIPOC 2019 fuels hope for a fruitful 2020 for palm oil industry

By Nurul Hanis Izmir



KUALA LUMPUR, Nov 22 -- The palm oil industry is set to see a fruitful 2020 as various efforts undertaken by the government, its agencies and stakeholders which are centered on sustainability begin to show results.



PETRONAS ramps up efforts to strengthen footprint in India

KUALA LUMPUR, Nov 21 -- Malaysia’s national oil company PETRONAS is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.



Hibiscus Petroleum to undertake fundraising, reports sharp drop in Q1 earnings

KUALA LUMPUR, Nov 21 -- Hibiscus Petroleum Bhd is expected to undertake fundraising activities over the next six months as it gears up to acquire more producing assets, especially in Southeast Asia.



Petra Energy returns to black with net profit of RM25.04 mln in Q3

KUALA LUMPUR, Nov 21-- Petra Energy Bhd returned to profitability with a net profit of RM25.04 million in the third quarter (Q3) ended Sept 30, 2019 against a net loss of RM26.97 million in the same period last year.



Sarawak sues Petronas over state sales tax

KUCHING, Nov 21 -- A writ of summons and statement of claim were filed today by the Sarawak Comptroller of the State Sales Tax and the state government against Petronas at the High Court registry here.





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