KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) chief executive officer Datuk Wan Zulkiflee Wan Ariffin expects Brent oil prices to trade slightly below US$50 per barrel this year.
PETALING JAYA: Kenanga Research has retained its “outperform” call on Petronas Dagangan Bhd (PetDag) given its resilient business volume and the weekly pump price review, which should help the group mitigate inventory cost shock to ensure better earnings.
BASF SE has partnered Petronas Chemicals Group Bhd (PetChem) to develop the latter’s US$442 million (RM1.9 billion) isononanol (INA) plant at the Pengerang Integrated Complex (PIC) in Johor.
Johor Petroleum Development Corporation Berhad (JPDC) is ready to welcome and facilitate Serba Dinamik Holdings Bhd’s investment in Pengerang Integrated Petroleum Complex (PIPC) with its RM1.4 billion investment for Pengerang Integrated Development Project (PIDP).