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Petronas investigate MV Dayang Topaz vessel incident
KUALA LUMPUR: Investigations are ongoing into the cause of the incident involving the MV Dayang Topaz vessel, which came into contact with platform structures at the Baram field, 14 nautical miles off Miri, on 27 October 2020. A thorough assessment
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Petronas keeps mum on Wan Zul’s resignation
KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) keeps mum on its president/chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin’s purported resignation after five years at the helm of Malaysia’s sole company listed on the Fortune 500. In response
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Sabah implement five percent sales tax on all petroleum products
KOTA KINABALU: The Sabah government has implemented a five percent sales tax on all petroleum products in the state with effect from March, said Chief Minister Datuk Seri Mohd Shafie Apdal. He said the implementation of the tax was discussed
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Petronas urged to review SOP, improve ERP after the recent fire incident
KOTA TINGGI: Petronas has been urged to review the standard operating procedures (SOP) and improve its Emergency Response Plan (ERP), following a fire incident at the Pengerang Integrated Complex (PIC) which killed five people last night. Pengerang MP Datuk Seri
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Petronas’ net profit fell 27% last year compared to 2018
KUALA LUMPUR: Petronas’ net profit fell 27% to RM40.5 billion for the financial year ending Dec 31, 2019 from RM55.3 billion in the 2018 financial year, on the back of four per cent lower revenue of RM240.3 billion for the
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B20: Biodiesel introduced to sustain palm oil demand, maintain price stability
KUALA LUMPUR: The implementation of the Biodiesel B20 Programme for the transport sector is expected to provide sustainable support for palm oil demand, hence ensure price stability for the commodity, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail
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High Court dismisses Petronas’ application for stay of proceedings
KUCHING: The High Court here today dismissed an application by Petronas for a stay of proceedings in the Sarawak Government’s suit against the national oil corporation over the payment of State Sales Tax (SST). Judicial Commissioner Christopher Chin made the
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Petronas legal challenge over RM1.3bil SST to be heard in Kuching
The High Court in Kuching will hear the legal challenge brought by Petroliam Nasional Berhad (Petronas) to quash the Notices of Assessment issued by Sarawak government to the company to pay over RM1.3 billion in State Sales Tax (SST). This
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Petronas: Outlook for oil and gas industry challenging
KUALA LUMPUR: The outlook for the oil and gas industry remains challenging amid geopolitical upheavals, prolonged trade tensions, and a global economic slowdown resulting in demand disruptions, Petronas vice president for group procurement Liza Mustapha said. “The challenging landscape would
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Tun M visits Petronas’ second floating LNG vessel
GEOJE: Tun Dr Mahathir Mohamad today arrived at Samsung Heavy Industries Geoje Shipyard for a tour of Petronas’ Floating Liquefied Natural Gas (PFLNG) 2 vessel here. The Prime Minister was accompanied by Tun Dr Siti Hasmah Mohd Ali, who will be
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