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Corporate News 31 Aug 2018 | 12:00 AM

CEO: Petronas in ‘active discussion’ with Petros

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is currently in “active discussion” with the Sarawak state-owned oil and gas (O&G) company Petroleum Sarawak Bhd (Petros), according to Petronas group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin.

Business 30 Aug 2018 | 5:46 AM

Petronas and Petros in discussion over S’wak’s O&G resources

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is currently in discussion with the Sarawak state-owned oil and gas company Petroleum Sarawak Bhd (Petros), according to group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin.

Business 06 Jul 2018 | 12:00 AM

Possible delays in awarding of Sarawak-based PSCs

Ongoing tussle over O&G rights seen as a dampener

Business 09 Jun 2018 | 12:00 AM

The Petronas-Sarawak oil intrigue

Change in political landscape paves way for a decision on who has control over oil and gas resources once and for all

Business 09 Jun 2018 | 12:00 AM

Petronas warned of July 1 being the cut-off date

EVERYBODY knows that national oil company Petroliam Nasional Bhd (Petronas) has been losing its clout in Sarawak in the last few years. It came to light in 2016 when Sarawak issued a moratorium on all new applications for work permits for staff outside the state, including Petronas.

Business 05 Jun 2018 | 12:00 AM

Tussle for O&G resources

PETALING JAYA: In a move seen as a challenge to Sarawak’s claim over petroleum ownership, Petroliam Nasional Bhd (Petronas) has gone to court to declare that, under the Petroleum Development Act 1974 (PDA), it is the exclusive owner of oil and gas resources in Malaysia.s

Commodities 05 Sep 2017 | 12:00 AM

Sarawak to set up own oil company amid ongoing talks with Petronas

PETALING JAYA: The Sarawak state government is going ahead with plans to set up its own oil exploration company called Petroleum Sarawak (Petros), which will be wholly owned by the state, despite the low oil price environment.

Business 09 Apr 2013 | 12:00 AM

Ex-Mida CEO: IPPs paid based on contractual price

KUALA LUMPUR: The independent power producers (IPPs) which are assisting Tenaga Nasional Bhd (TNB) in the production and generation of electricity are not a free service and are paid based on the contractual price.