KUCHING: While upstream developments in the oil and gas (O&G) sector will likely be affected by Petroliam Nasional Bhd’s (Petronas) possible cutback in capital expenditure, analysts believe that the downstream sector’s activities should be less affected by the cutbacks.
Read moreKUALA LUMPUR 19 Mei - Petroliam Nasional Bhd. (Petronas) dijangka tidak menangguhkan Projek Pembangunan Bersepadu Penapisan Minyak dan Petrokimia (RAPID) di Pengerang, Johor yang bernilai AS$27 bilion (RM110.07 bilion) walaupun berdepan dengan pasaran minyak tidak menentu
Read moreKuala Lumpur: National oil firm, Petronas says its pre-tax profit slipped 60 per cent to RM6.8 billion for the Q1 ended March 31, 2016 against RM17 billion posted in the same quarter in 2015. This was posted on the back of a RM49.1 billion revenue, which was 26 per cent lower, compared with the RM66.2 billion recorded in the previous corresponding period.
Read moreKUALA LUMPUR: Dialog Group Bhd is a long term, sustained growth stock, leveraging on its Pengerang (tank terminal and regas projects) operations, according to Maybank Investment Bank Research.The research house has maintained its “buy” call on Dialog said the oil and gas services firm’s nine months to March 31 FY16 core earnings made up 76% of its full year’s forecast and Dialog’s investment thesis was intact.
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