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Business 16 Apr 2015 | 12:00 AM

Boost for Malaysian oil and gas stocks

PETALING JAYA: Oil and gas (O&G) related stocks peppered Bursa Malaysia’s gainers’ list as crude oil prices firmed up following predictions of falling production and fresh news of tensions in the oil-producing Middle-East region.

Corporate News 28 Mar 2018 | 12:00 AM

Affin Hwang sees improving prospects for O&G sector

PETALING JAYA: Value is seen emerging from the oil and gas (O&G) sector as it continues to stabilise, according to Affin Hwang Capital Research.

Business 12 Mar 2016 | 12:00 AM

Oil price slump shakes FPSO sector

THE prolonged decline in crude oil prices has started to shake the floating production, storage and offloading (FPSO) sector, which used to be touted as a sweet spot in the offshore oil and gas industry.

Business 18 Feb 2016 | 12:00 AM

Oil and gas stocks retreat

PETALING JAYA: The brief surge in oil and gas (O&G) stocks came to a screeching halt with stocks reversing gains after it became clear that coordinated cuts by the Organisation of the Petroleum Exporting Countries (Opec) countries were unlikely to materialise.

Commodities 15 Oct 2014 | 12:00 AM

Malaysia's Oil & Gas sector downgraded

PETALING JAYA: Slower project rollouts and delays in new tenders are expected to translate into a cut in earnings for local oil and gas (O&G) players over the next two years, according to research house AmResearch.

Business 31 Dec 2014 | 12:00 AM

Ringgit still under pressure due to falling oil prices

PETALING JAYA: Falling price of crude oil continues to put pressure on the ringgit. At 3.4975 against the US dollar yesterday, the local currency is already the worst performer in the Asean region this year. A protracted decline in oil prices would limit its upside potential next year, analysts said.

Business 24 Oct 2012 | 12:00 AM

Astro down further on pessimistic sentiment

PETALING JAYA: Astro Malaysia Holdings Bhds share price fell further on pessimistic market sentiment in regards to expensive valuations of the stock.

Business 21 Feb 2003 | 12:00 AM

LG returns to the black with RM44mil profit

LAND amp; General Bhd has returned to the black with an un-audited pre-tax profit of RM44mil for its financial year ended Dec 31, 2002, compared with a pre-tax loss of RM236.89mil the year before.

Business 15 Feb 2003 | 12:00 AM

LG to sell stakes in seven firms

LAND amp; General Bhd (Lamp;G) plans to dispose of its interests in seven local and foreign companies as part of its restructuring scheme to reduce further debts, said managing director Mike Krishnan.

Business 03 Jul 2013 | 12:00 AM

World Bank says Petronas investments ensure sustainable oil wealth

KUALA LUMPUR: National oil company Petronas’ investments domestically and abroad have ensured that oil wealth will be available for future generation, according to the World Bank.