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Affin Hwang: Dialog’s Pengerang Deepwater Terminal phase two on track

22 March 2017

PETALING JAYA: Dialog Group Bhd is on track to complete the second phase of its Pengerang Deepwater Terminal (PDT) project, which is located next to Petronas’ Refinery and Petrochemical Integrated Development (Rapid) project in Johor, said Affin Hwang Capital Research.

TransCanada seeks pipe approval linked to Petronas LNG terminal(Update 1)

21 March 2017

CALGARY,Alberta: Transcanada Corp has secured shippers' commitment for a pipeline associated with Malaysian state-owned oil company Petronas' pending Pacific NorthWest liquefied natural gas (LNG) terminal in western Canada and targets 2018 for construction, the company said on Monday.

Petronas spending not affected by weaker oil prices

16 March 2017

PETALING JAYA: The recent oil prices pull-back will not affect Petroliam Nasional Bhd’s (Petronas) spending, given that the local oil major has pegged its capital expenditure (capex) budget at an average US$45 per barrel, according to Kenanga Research. The research house said this was conservative compared with the US government’s Energy Information Administration forecast of US$54 per barrel.

PetChem in talks with Asian, European firms to invest in Rapid

15 March 2017

KUALA LUMPUR: Petronas Chemicals Bhd, a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest in a US$27bil oil refining and petrochemical project, sustaining hope the country can find a partner after at least three previous deals fell through.

Cost-cutting measures help lift Petronas earnings

15 March 2017

KUALA LUMPUR: Cost-cutting measures have helped lift Petroliam Nasional Bhd’s (Petronas) earnings last year but the state-owned oil and gas company is not about to embrace an optimistic stance, stating it remained cautious in its outlook for the industry this year

Petronas Chemicals JV search continues after Saudis join oil hub

14 March 2017

KUALA LUMPUR: Petronas Chemicals Bhd., a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest in a $27 billion oil refining and petrochemical project, sustaining hope it can find a partner after at least three previous deals fell through.

Long deadline for Saudi Aramco deal with Petronas

14 March 2017

PETALING JAYA: The final terms of the investment by Saudi Aramco into Malaysia’s biggest oil refinery project is likely to be firmed up only within a year’s time, sources said.

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