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Business 06 Jul 2015 | 7:13 PM

Former Petronas president Shamsul joins MMC Corp as chairman

KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) former president and CEO Tan Sri Shamsul Azhar Abbas is joining MMC Corp as chairman effective July 16.

Business 07 Oct 2013 | 8:47 AM

CIMB Research maintains Overweight on oil and gas sector

KUALA LUMPUR: CIMB Equities Research is maintaining its Overweight recommendation on Malaysia’s oil and gas sector, underpinned by the strong contract pipeline arising from Petroliam Nasional’s capex.

Business 10 Dec 2012 | 12:00 AM

Petronas unveils growth O&G plans in Canada after US$5.3b Progress takeover cleared

Petroliam Nasional Bhd (Petronas) has unveiled three investment components in Canada which would involve building a pipeline and facilities after it cleared the last obstacle to the US$5.3bil takeover of Progress Energy Resources Corp.

Business 13 Nov 2013 | 12:00 AM

Petronas eyes RM96bil profit for 2013

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) expects to rake in a pre-tax profit of RM95bil to RM96bil this year, surpassing last year’s RM89.1bil, helped by a stronger US dollar and oncoming production, group CEO Tan Sri Shamsul Azhar Abbas(pic) said.

Business 07 Jul 2015 | 12:00 AM

Shamsul named MMC chairman

Shamsul named MMC chairman

Business 20 Jun 2015 | 12:00 AM

Enra plans to become full-fledged O&G service provider

IN an environment where oil prices have almost halved to the US$60 level compared to last year and the oil and gas (O&G) sector has lost some of its gloss, it takes guts to embark on becoming a full-fledged O&G service provider.

Property 14 Feb 2015 | 12:00 AM

A moving townhall meeting for Shamsul

IT was a town hall meeting that they knew would be different. For the employees of Petroliam Nasional Bhd (Petronas) who started trickling into the Kuala Lumpur Convention Centre on Monday at about 3pm, they wanted to hear directly from the head honchos on the company’s future direction. And it was not just about oil prices but also the future of the president.

Business 09 Aug 2014 | 12:00 AM

Period of consolidation awaits sector

THE local oil and gas (O&G) sector looks set to enter a period of consolidation after a slew of major contracts dished out over the past few years propelled stocks to record highs.