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Business 08 Mar 2013 | 12:00 AM

Independent adviser: Petronas offer for MISC 'not fair but reasonable' (Update)

AmInvestment Bank Bhd, the independent adviser to the minority shareholders of MISC Bhd, has described Petroliam Nasional Bhd's takeover offer (Petronas) as "Not Fair" but "Reasonable".

Business 22 Apr 2013 | 12:00 AM

MISC slides 13.4% after Petronas fails in takeover bid

Shares of MISC Bhd fell as much as 13.4% in early trade on Monday after Petroliam Nasional Bhd failed in its takeover.

Business 08 Apr 2013 | 12:00 AM

MISC minorities should accept Petronas revised offer

RHB Research Institute has advised minority shareholders of MISC Bhd to accept Petroliam Nasional Bhd’s revised offer of RM5.50, which is its new fair value.

Business 27 Aug 2013 | 12:00 AM

Downtrend in crude oil prices a big concern for Petronas

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will review costs of projects, delay or defer the implementation of some of them if the need arises.

Business 27 Sep 2013 | 6:22 PM

Technip-MMHE bags Petronas contract for two oil fields off Sarawak

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has awarded a contract to the Technip-MMHE joint venture to develop two gas fields about 180km north of Bintulu, Sarawak.

Business 29 Oct 2013 | 12:50 PM

Petronas confirms Momoto lawsuit against subsidiary

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has confirmed that Momoto Sdn Bhd has filed a lawsuit against its subsidiary Petronas Technical Services.

Business 11 Oct 2013 | 12:00 AM

Petronas retrofitting deferred

PETALING JAYA: Petroliam Nasional Bhd (Petronas) is deferring the proposed retrofitting of the lube base oil plant in Malacca due to the uncertain market outlook for base oil and the prices in the submitted bids for the project.

Business 19 Nov 2013 | 8:30 AM

Brazil’s OGX says Petronas backed out of deal to buy stake: WSJ

KUALA LUMPUR: Distressed Brazilian oil and gas company OGX Petroleo e Gas Participacoes S.A. had stated Petroliam Nasional Bhd (Petronas), has backed out of an agreement to buy a stake in two blocs in one of OGX's oil fields, according to the Wall Street Journal (WSJ).

Business 13 Dec 2013 | 1:14 PM

Puncak Niaga unit secures part of RM10b Petronas job

KUALA LUMPUR: Puncak Niaga Holdings Bhd’s sub-subsidiary GOM Resources Sdn Bhd has secured part of the RM10bil contracts issued by Petroliam Nasional Bhd.

Business 14 Jan 2014 | 12:00 AM

KBM fields begin producing oil

KUALA LUMPUR: The Kapal, Banang & Meranti (KBM) cluster of oilfields, located offshore Peninsular Malaysia, has started producing oil, said Petroliam Nasional Bhd (Petronas).