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MIRI: Progressive Democratic Party (PDP) does not accept the explanation by Economic Affairs Minister Datuk Seri Azmin Ali that the 20% oil royalties to Sarawak promised during the 14th general election cannot be fulfilled yet.
KUCHING: Sarawak is still waiting for clarification from the Federal Government how the 20% of oil royalties the state has been promised will be calculated.
BRASILIA (Reuters) - President Dilma Rousseff on Friday vetoed parts of a controversial oil royalties bill that pit Brazil's oil-producing states against the rest of the country in a battle over future oil wealth.
KUALA TERENGGANU: PAS aims to keep a close watch on the new Pakatan Harapan Federal Government to ensure that it fulfils its manifesto promises, especially on oil royalties owed to petroleum producing states.
MIRI: The Federal Government is willing to negotiate Sarawak’s request to increase oil royalties from 5% to 20%, said Prime Minister Datuk Seri Najib Tun Razak.
KOTA KINABALU: Finance Minister Lim Guan Eng should first keep the Pakatan Harapan election promise of giving 20% oil royalties to the eastern states of Malaysia before asking Sarawak to repay its loans, says an Umno supreme council member.
PUTRAJAYA: The Federal Court will decide whether the suit by the Kelantan government against Petroliam Nasional Berhad (Petronas) over oil royalties will be heard as a full trial or by point of law before the High Court.