KUALA LUMPUR (Dec 31): Petronas Gas Bhd (PetGas) entered into three sale and purchase agreements (SPAs) with Petroliam Nasional Bhd (Petronas) to buy the minimum amount of gas required to operate its Peninsula gas utilisation pipeline and liquefied natural gas (LNG) to run its regasification terminal’s storage tank in Melaka and Johor.
Read moreKuala Lumpur: Ongoing geopolitical fears, as well as global demand and oversupply issues continued to clout the mercurial nature of the oil and gas (O&G) industry in 2018, with Brent crude, an international benchmark for crude oil prices, averaging above US$70 per barrel against US$54.22 last year.
Read moreIT feels as though Petronas is closing the pages of a mini-chapter after several years of “strategic responses” against the industry downturn.
Read moreISKANDAR PUTERI: The state government is conducting a preliminary study into a third link between Pengerang and Pulau Ubin in Singapore while still supporting the idea of reviving plans for the “crooked bridge”.
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