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Business 07 Oct 2013 | 8:47 AM Premium

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 Premium

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 Premium

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.

Property 14 Feb 2015 | 12:00 AM Premium

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 Premium

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.

Business 06 Mar 2013 | 12:00 AM Premium

Buyout saga of MISC likely to set stage for face-off between Petronas and EPF

PETALING JAYA: The ongoing buyout of shipping giant MISC Bhd pits its owner, the national oil corporation, against the country’s largest pension fund, setting the stage for what could be an interesting face-off in corporate Malaysia.

Auto 05 Mar 2014 | 12:00 AM Premium

Up to RM3bil needed to develop new models

PETALING JAYA: Proton Holdings Bhd is seeking up to RM3bil in development funding from the Government and Petroliam Nasional Bhd (Petronas).

Business 06 Jun 2013 | 12:00 AM Premium

Rapid project delayed

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) hopes to reach a final investment decision on its RM60bil Refinery and Petrochemicals Integrated Development (Rapid) complex in Pengerang, Johor by the first quarter of next year, pushing back the commissioning of the specialty chemicals-based facility to end-2016 or early 2017.