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Petra Energy returns to the black in Q1FY17

17 May 2017

KUALA LUMPUR: Petra Energy Bhd returned to the black in the first quarter ended March 31 2017 (Q1FY17) with a net profit of RM5.29mil as compared to loss of RM7mil a year ago.

UMW-OG bags RM151m contracts from Petronas Carigali

15 May 2017

KUALA LUMPUR: UMW Oil & Gas Corporation Bhd (UMW-OG) has received two contracts from Petronas Carigali Sdn Bhd worth US$34.81mil or RM151.07mil to provide services to its firm and optional wells.

Duo in the dock over RM7mil claim

5 May 2017

KUALA LUMPUR: A director and a manager of an engineering company have been accused of submitting a RM7mil fraudulent claim to Petronas.

More cargo, lower tariffs

2 May 2017

KUCHING: The RM1.8bil Samalaju Industrial Port, which is slated to be fully operational in June, will impose port tariffs based on the cargo throughput of each customer.

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