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Taiwanese refiner CPC Corp shelves Johor petrochemicals project

KUALA LUMPUR: Taiwan’s CPC Corp has shelved its plans for a multi-billion US dollar integrated refining and petrochemical complex in Pengerang, Johor, reports said on Thursday.

Business

Petronas signs LNG contracts with Taiwan’s CPC Corp

KUALA LUMPUR: Petronas has signed two contracts through its subsidiaries Malaysia LNG Sdn Bhd (MLNG) and Petronas LNG Ltd (PLL) to supply up to 2.6 million tonnes per year of liquefied natural gas (LNG) to Taiwan’s CPC Corporation.

Business

Gamuda and Dong-Pi win RM522mil contract

KUALA LUMPUR: Gamuda Bhd and Taiwan’s Dong-Pi Construction Co Ltd have been awarded the construction contract for the Marine Bridge project at Guan Tang in Taiwan by state-owned oil and gas company CPC Corp Taiwan worth RM521.71mil.

Business

Petronas bags two contracts to supply LNG

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has signed two contracts to supply CPC Corp of Taiwan with up to 2.6 million tonnes of liquefied natural gas (LNG) per year for six years.

Business

Taiwan firm mulls US$12bil oil project in M’sia

KUALA LUMPUR: Kuokuang Petrochemical Technology Co, 43%-owned by Taiwanese state-run refiner CPC Corp, may invest as much as US$12bil in an oil and petrochemicals hub in Malaysia.

Business

Taiwan leaves no room for rate cut

TAIPEI: Taiwan’s decision to allow petrol prices to rise to ease the burden on state-run oil firm CPC Corp is set to lift inflation, all but ruling out any rate cut by the central bank but possibly triggering a rise in the Taiwan dollar to mitigate the impact on consumers.

Business

Korea Gas swaps two LNG lots from Petronas with Taiwan CPC

Under this deal, which often occurs at off season, CPC receives those two cargoes initially destined to KOGAS from Malaysia's Petronas LNG this month, said a source.

Business

Asia-Pacific Crude-Malaysia, Vietnam grades firm

SINGAPORE: Malaysian and Vietnamese crude for August were sold at steady to slightly higher premiums than the previous month, supported by limited supply and improved refining margins.

Business

Taiwan raises gasoline and diesel prices

TAIPEI, Taiwan (AP) - Taiwan raised prices for gasoline and diesel fuel by about 3 percent Friday a day after crude oil prices hit record levels.