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A significant change took place in the Malaysian gas and energy industry over the past week.
PETALING JAYA: Tenaga Nasional Bhd’s (TNB) has entered into a deal to source its own supply of gas for its power plants, at lower market price compared with the regulated price
PETALING JAYA: Barakah Offshore Petroleum Bhd is making a claim of RM179.84mil against Petronas Gas Bhd (PetGas).
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) venture into the gas supply business is off to a profitable start under a maiden deal with Shell Malaysia.
PETALING JAYA: The local stock market was battered down on Tuesday as investors were further spooked by the intensifying trade spat between the United States and China, as well as the sluggish corporate earnings growth.
PETALING JAYA: Petronas Gas Bhd’s (PetGas) net profit for the second quarter ended June 30 was almost flat at RM502.90mil compared with the same quarter of the previous year.
KUALA LUMPUR: Petronas Gas Bhd posted net profit of RM502.89mil in the second quarter ended June 30, 2019, which was a dip of 1.2% from RM509.32mil a year ago due to higher tax expense.
IT has been 19 months since Bursa Malaysia agreed to defer the suspension and delisting of Kinsteel Bhd while the loss-making steel miller is still trying to resolve its debt issues.