Kuala Lumpur, 4 June 2020 – PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL), recently completed its maiden delivery of liquefied natural gas (LNG) to Yangon, Myanmar, with two LNG cargoes delivered in May and June 2020. The delivery of the two LNG cargoes is part of a Master...
Kuala Lumpur, 18 May 2020 – Following the sharp decline of petroleum product prices and lower demand impacted by the implementation of Movement Control Order (MCO) in the second half of March 2020, PETRONAS Dagangan Berhad (PDB) recorded a Loss Before Tax of RM18.4 million for the financial period...
Kuala Lumpur, 19 May 2020 – PETRONAS through its subsidiary, PETRONAS Suriname Exploration & Production B.V. (PSEPBV), has completed the farm-down of 50 percent of its participating interest to ExxonMobil Exploration and Production Suriname B.V. (ExxonMobil) from a 100 percent participating interest in Block 52, offshore Suriname.
Block 52 is...
KUALA LUMPUR, 20 May 2020 – PETRONAS through its subsidiary, PETRONAS LNG Ltd. (PLL), recently concluded a Sale and Purchase Agreement (SPA) with Tiger Clean Energy Limited (TCEL) for the supply of liquefied natural gas (LNG) to TCEL’s LNG ISO Tank Filling Facility located at Bintulu, Sarawak. As part...
Kuala Lumpur, 20 May 2020 – PETRONAS Gas Berhad Group of Companies (PGB or the Group) reported higher revenue during the first quarter ended 31 March 2020.
During the quarter, the Group implemented higher tariffs under the Regulatory Period 1 (RP1) effective 1 January 2020 until 31 December 2022 for...
KUALA LUMPUR, 1 June 2020 - More than 40 Malaysian brands are among winners of the Reader’s Digest Trusted Brands Awards 2020 out of more than 50 categories listed in the recent 22nd annual survey conducted by leading research agency, Catalyst Research as commissioned by the popular publishing title....
Kuala Lumpur, 1 June 2020 - Malaysia's next round of economic stimulus should again focus on improving the B40 and M40 groups' purchasing power to boost domestic spending, economists said.
The stimulus, which can be expected to be unveiled by this week, would also ensure the SME sector can sustain...
Kuala Lumpur, 29 May 2020 - Vantage Point Consulting Sdn Bhd has partnered with Microsoft to introduce freemium collaboration tools such as Microsoft Teams to help small and medium enterprises (SMEs) digitise.
Vantage Point is a leading SAP services partner in Malaysia and has implemented more than 100 major projects...
Kuala Lumpur, 28 May 2020 - The government expects more businesses to reopen next week after the Hari Raya Aidilfitri celebration and resume their full productivity level in the coming weeks.
Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said this will ensure that jobs are kept...