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Petronas' Malaysia bid round 2021 attracts over 250 potential, existing investors
KUALA LUMPUR: Petronas launched the Malaysia Bid Round (MBR) 2021, offering 13 exploration blocks, at a virtual event on Feb 26 which attracted over 250 potential and existing investors.
Oil prices jump as US House passes huge stimulus bill
SINGAPORE, March 1 (Reuters): Oil prices rebounded more than $1 on Monday after the US House of Representatives passed a huge stimulus package, although a slowdown in China's February factory activity growth capped gains.
Ringgit lower amid risk-off sentiment in crude oil market
KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday, hobbled partly by the domino effect of risk-off sentiment on the crude oil market as investors turned cautious ahead of next week’s Organisation of the Petroleum Exporting Countries (OPEC) meeting.
Myanmar police launch most extensive crackdown; one woman dead, media say
YANGON, Feb 27 (Reuters): Police in Myanmar launched their most sweeping crackdown in three weeks of protests against military rule on Saturday in towns and cities across the country, with media reports of a woman shot dead and dozens of people detained.
Myanmar police launch most extensive crackdown; hundreds arrested
(Reuters) - Police in Myanmar launched their most sweeping crackdown in three weeks of nationwide protests against military rule on Saturday, arresting hundreds of people and shooting and wounding at least one person.
Oil price drops on US$ strength and OPEC+ supply expectations
NEW YORK: Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels
Petronas allocates more capex for domestic ops
Group wants to help stimulate economic recovery
Oil’s best ever start to the year dented
NEW YORK: Oil’s record start to 2021 was under pressure from a selloff in bond markets that spooked risky assets.
Singapore factory output extends rebound, rising 8.6% in January
SINGAPORE (The Straits Times/ANN): Singapore's manufacturing output continued expanding last month, driven mainly by electronics and precision engineering.
Petronas records net profit of RM10.5b for FY20 excluding impairments
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) recorded profit after tax (PAT) of RM10.5bil for FY2020, excluding impairments, which was 78% lower compared to RM48.8bil in FY19.
