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Nation

Bank Rakyat chairman to be held for seven days

PUTRAJAYA: Bank Rakyat chairman Jen (ret) Tan Sri Abdul Aziz Haji Zainal has been remanded for seven days to help in the investigation into an alleged corruption case involving RM15mil.

Business

Oil price falls in early trade on Wednesday(Update)

SINGAPORE: Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories.

World

Militants say attacked pipeline in Nigeria's southern Delta state

YENAGOA, Nigeria (Reuters) - A militant group on Tuesday said it attacked a pipeline operated by the Nigerian Petroleum Development Company (NPDC), a subsidiary of Nigeria's state oil company, in the country's restive southern Delta region.

World

Iraq's Qayyara oil fields won't return to production before Mosul retaken - spokesman

QAYYARA, Iraq (Reuters) - It gets darker earlier these days in the northern Iraqi town of Qayyara, which Islamic State militants abandoned about a week ago after setting fire to many of the region's oil wells.

Business

Petronas offered to explore 10 new O&G blocks in Indonesia

PUTRAJAYA: Petronas has been offered to explore 10 new blocks of oil and gas (O & G) fields in Indonesia, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

World

Japan top spokesman: Senkaku islands historically Japan's territories

TOKYO (Reuters) - The schedule for a visit to Japan by Russian President Vladimir Putin could be decided when Prime Minister Shinzo Abe meets Putin later this week, Japan's top government spokesman told Reuters on Tuesday.

Nation

Zahid: Indonesia proposes joint exploration with Petronas

PUTRAJAYA: Indonesia has invited Petronas to embark on a joint oil and gas exploration with state-owned oil company Pertamina in two areas off the republic’s waters.

Business

Late selling of Genting, Maybank drags KLCI into the red

KUALA LUMPUR: Late selling of Genting Bhd and Maybank pushed the FBM KLCI into the red on Tuesday amid the mixed broader market while crude oil prices inched up.

ASEAN+

E. Timor urges court to end sea border row with Australia

The Hague (AFP) - East Timor on Monday urged an international court to help end a decade-long dispute with Australia over a maritime border which cuts through lucrative oil and gas fields in the Timor Sea.

World

Niger Delta Avengers say halted hostilities in Nigerian Delta

LAGOS (Reuters) - The Niger Delta Avengers militant group, which has carried out a series of attacks on oil and gas installations in Nigeria's Delta energy hub in the last few months, said on Monday it had halted hostilities.