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Business 23 May 2009 | 12:00 AM

Terengganu has some bold targets amidst much scepticism

IT ought to be one of the country's greatest paradoxes - that oil and gas rich state Terengganu is one of the country's poorest states. And the main culprit is without a doubt the political wrangling over the state's major lifeline - oil royalties - and the cloak of uncertainty over its disbursement and utilisation.

Business 23 May 2009 | 12:00 AM

State fund to focus on tourism, oil and gas

Terengganu Investment Authority aims for the state to be self sufficient in 2020.

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

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 06 Jul 2018 | 12:00 AM

Possible delays in awarding of Sarawak-based PSCs

Ongoing tussle over O&G rights seen as a dampener

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 21 Sep 2006 | 12:00 AM

StanChart: Key interest rate cut likely in Q3 2007

Standard Chartered Bank (StanChart) expects Bank Negara to cut its key interest rate, or overnight policy rate (OPR), by 25 basis points in the third quarter of next year.

Business 17 Jan 2007 | 12:00 AM

StanChart expects lower interest rates in second half

Standard Chartered Bank expects the Malaysian overnight policy rate (OPR) to be cut in the second half of 2007 if the inflation rate is below 3%.