OPEC+ Oil Ministers to discuss oil cuts on Monday amid looming Covid-19 second wave
MOSCOW, Oct. 19 — The energy ministers of the OPEC+ countries will convene on Monday to discuss compliance with the oil cuts agreement and the...
Dewan Rakyat to focus on Sarawak oil and gas rights claims today
KUALA LUMPUR, Aug 10 — The commercial settlement to the oil and gas rights claims in Sarawak will be one of the issues to be...
Legal tussles snarl millions in oil from Hin Leong deals
SINGAPORE, June 25 — Millions of dollars of oil stored in tanks and ships in Asia and Europe has become caught in a web of...
Pressure keeps rising for Apac companies as coronavirus impact becomes clearer
KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure...
Malaysia to strengthen trade ties with India after palm oil purchases
KUALA LUMPUR, May 21 — Malaysia voiced its commitment to further strengthen diplomatic and trade ties with India, after the world’s largest edible oil buyer...
Ringgit declines against greenback as major currencies strengthen
KUALA LUMPUR, May 18 — The ringgit extended its decline against the US dollar at the close today amid higher optimism over businesses reopening across...
Ringgit slightly lower against US dollar in early session
KUALA LUMPUR, May 12 — The ringgit opened slightly lower against the US dollar today as the stronger greenback mitigated interest for the local currency....
Petronas, Sarawak reach consensus on oil and gas, sales tax on petroleum
KUALA LUMPUR, May 8 — The Sarawak government and Petroliam Nasional Bhd (Petronas) have reached a consensus to resolve the negotiations on oil and gas...
Palm exports declines 41.7 pct during MCO
KUALA LUMPUR, April 30 — Exports of palm oil products had declined significantly by 34.8 per cent year-on-year (y-o-y) or 793,257 tonnes to 1.48 million...
US oil price turns negative for first time in history
NEW YORK, April 21 — US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand...
Full impact of Covid-19 on O&G industry still early to assess
KUALA LUMPUR, April 16 — While the full impact of Covid-19 on the oil and gas (O&G) industry is still difficult to assess, the industry...
Kenanga Research maintains ‘neutral’ call on oil and gas sector
KUALA LUMPUR, April 13 ― Kenanga Research has maintained a “neutral” call on the oil and gas (O&G) sector after the Organisation of the Petroleum...