Gas Malaysia Bhd

Latest articles

2d
The Borneo Post
China more than just Sarawak’s key trading partner – Awg TengahChina remains a key trading partner, and it is becoming a major source of forei
The Borneo Post / Posted 2 days ago
China remains a key trading partner, and it is becoming a major source of foreign direct investment (FDI) for Sarawak and Malaysia, says Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan. According to him, Sarawak’s export to China totalled... Read more
8d
The Borneo Post
Mismatch in 2Q17’s economy, but hope remainsobservers so far. The economy grew at a faster pace to date, but this was not r
The Borneo Post / Posted 8 days ago
observers so far. The economy grew at a faster pace to date, but this was not reflected in corporate results across key Malaysian sectors. A beacon of light came as Malaysia’s economy grew at a faster pace of 5.8 per cent in the second quarter... Read more
9d
The Borneo Post
Sarawak sets sail for O&G pushoffshore platforms. Dayang Topaz boat used by Dayang Enterprise Marine Service
The Borneo Post / Posted 9 days ago
offshore platforms. Dayang Topaz boat used by Dayang Enterprise Marine Services. Anuar, who heads the Sarawak Oil-Malaysian Assets Development and Production (Upstream) of Petronas Carigali, hails from Samarahan. AS Sarawak ushers in... Read more
12d
Bangkok Post - Thailand's English news
SET comes off near 24-yr high, other SE Asia markets mixedlower on Wednesday, snapping nine straight sessions of gains, with energy and h
Bangkok Post - Thailand's English news / Posted 12 days ago
lower on Wednesday, snapping nine straight sessions of gains, with energy and healthcare stocks leading the fall. Oil and gas refiner PTT Plc closed almost 0.5% lower after rising as much as 0.5%, while Bumrungrad Hospital Plc dropped 2.3% to its... Read more
16d
The Star
Petronas gets tested by Sarawak’s PetrosAs higher oil prices lifted the profit of Petronas Nasional Bhd by more than 10
The Star / Posted 16 days ago
As higher oil prices lifted the profit of Petronas Nasional Bhd by more than 100% at the end of its second quarter, it does appear that the vagaries of the oil and gas sector have found some stability. Oil prices have found stability of late after a... Read more
16d
The Star
Search for Petros CEO intensifiesChief Minister reportedly wants a Sarawakian for the post > On the lookout for
The Star / Posted 16 days ago
Chief Minister reportedly wants a Sarawakian for the post > On the lookout for a Sarawakian CEO with oil and gas experience. > Shortlist includes senior officials of oil and gas companies. > Board of Petros has proven track record. THE head-hunt... Read more
17d
The Star
Subdued corporate earnings growth reflects soft domestic consumptionproperty, technology and gloves. Among the banks, Maybank Investment Bank Rese
The Star / Posted 17 days ago
property, technology and gloves. Among the banks, Maybank Investment Bank Research noted that Hong Leong Bank Bhd’s (HLB) results exceeded expectations for a second consecutive quarter, while other banks’ results came within... Read more
18d
The Star
Late push of CIMB, Tenaga powers KLCI past key hurdlethe stronger equities market were the upward trend in crude oil prices, stronge
The Star / Posted 18 days ago
the stronger equities market were the upward trend in crude oil prices, stronger export growth in July and Bank Negara Malaysia's Monetary Policy Committee outlook of a firmer economic growth this year. On the external front, Hong Kong stocks... Read more
8 related articles
18d
The Star
Thursday, September 7likely to be higher than the previously estimated RM9bil, analysts said, based
The Star / Posted 18 days ago
likely to be higher than the previously estimated RM9bil, analysts said, based on the recent contracts awarded by Prasarana Malaysia Bhd. Prasarana said that it is still at the tendering and award stage and the cost had not been determined yet. -... Read more
18d
The Star
Tenaga sets KLCI on steady path early Thursday1,780, while trading interest on the broader market is likely to focus on commo
The Star / Posted 18 days ago
1,780, while trading interest on the broader market is likely to focus on commodities sector such as steel and oil and gas amid the recovering trend in crude oil prices,” it said. Tenaga rose eight sen to RM14.48 and it was the top gainer... Read more
19d
The Star
Sumatec gets notice of demand for RM144mKUALA LUMPUR: Sumatec Resources Bhd has received a notice of demand for RM144.9
The Star / Posted 19 days ago
KUALA LUMPUR: Sumatec Resources Bhd has received a notice of demand for RM144.95mil as guarantor after its associate Semado Maritime Sdn Bhd defaulted on its loan payment due to Bank Pembangunan Malaysia Bhd. Sumatec told Bursa Malaysia on Wednesday... Read more
19d
The Star
RAM: Power sector needs RM13b to finance facilitieslocal bonds and sukuk markets as key funding sources. The rating agency said t
The Star / Posted 19 days ago
local bonds and sukuk markets as key funding sources. The rating agency said this was in line with its projection that Malaysia's grid would increase by about 10,000 megawatts (MW) by 2021 based on data from the Energy Commission, and... Read more
19d
The Star
Wednesday, September 6or 0.76%, to 2,457.85 and the Nasdaq dropped 59.76 points, or 0.93%, to 6,375.5
The Star / Posted 19 days ago
or 0.76%, to 2,457.85 and the Nasdaq dropped 59.76 points, or 0.93%, to 6,375.57. - Reuters Crude oil prices rose and gasoline fell by about 3% on Tuesday as the gradual restart of refineries in the US Gulf that were shut by Hurricane Harvey... Read more
19d
The Star
Petronas Carigali official heldPETALING JAYA: A senior official with Petronas Carigali Sdn Bhd (PCSB) was amon
The Star / Posted 19 days ago
PETALING JAYA: A senior official with Petronas Carigali Sdn Bhd (PCSB) was among three individuals nabbed over suspected graft involving RM23.7mil. The 45-year-old project delivery manager at the company, which engages in oil and gas exploration and... Read more
5 related articles
20d
The Star
KLCI down, key Asian markets mixed on North Korea worriesKUALA LUMPUR: Investors continued to be jittery about a widening fallout from N
The Star / Posted 20 days ago
KUALA LUMPUR: Investors continued to be jittery about a widening fallout from North Korea's nuclear ambitions and Bursa Malaysia was also not spared when it reopened for trading on Tuesday after an extended weekend break. At 12.30pm, the KLCI was... Read more
8 related articles
20d
The Star
Sarawak oil playprice environment. However, it is unclear how this will impact the activities
The Star / Posted 20 days ago
price environment. However, it is unclear how this will impact the activities of national oil company, Petroliam Nasional Bhd (Petronas), which has long operated in Sarawak, where it garners the bulk of its Malaysian revenue from gas fields... Read more
20d
The Star
Tuesday, September 5to 0.8%. Wall Street was closed for the Labour Day holiday. - Reuters US crude
The Star / Posted 20 days ago
to 0.8%. Wall Street was closed for the Labour Day holiday. - Reuters US crude oil prices edged higher on Monday while gasoline prices slumped to pre-Hurricane Harvey levels, as oil refineries and pipelines in the US Gulf Coast slowly resumed... Read more
20d
The Borneo Post
Government taking steps to reduce air pollution by vehicles — Awang Tengahto Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, one of the measures
The Borneo Post / Posted 20 days ago
to Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan, one of the measures includes promoting the use of natural gas-powered vehicles or hybrid cars. “Hybrid cars can offer reduced fuel consumption and carbon dioxide emissions, and... Read more
21d
The Star
Local IPPs to raise RM13bil more to finance new plantsupcoming plants, according to RAM Ratings. In a report on the power sector, th
The Star / Posted 21 days ago
upcoming plants, according to RAM Ratings. In a report on the power sector, the rating agency pointed out that since 2014, Malaysian IPPs have already raised RM17bil for new plants. This is backed by capacity-expansion prospects which are still... Read more
22d
The Borneo Post
The week at a glance 3 September 2017SC: Small unlisted companies encouraged to adopt MCCG Besides listed companies
The Borneo Post / Posted 22 days ago
SC: Small unlisted companies encouraged to adopt MCCG Besides listed companies, Securities Commission Malaysia (SC) also encourages smaller, unlisted firms to adopt the Malaysian Code on Corporate Governance (MCCG), a set of best practices to... Read more
22d
The Borneo Post
‘Experience a must for additional Petros board member’function. — Photo by Muhammad Rais Sanusi KUCHING: The additional non-Muslim B
The Borneo Post / Posted 22 days ago
function. — Photo by Muhammad Rais Sanusi KUCHING: The additional non-Muslim Bumiputera board member for Petroleum Sarawak Bhd (Petros) has to be ‘very experienced’, says Chief Minister Datuk Amar Abang Johari Tun Openg. When approached by... Read more
5 related articles
22d
The Borneo Post
China’s Belt and Road: What’s in it for Malaysia?SOURCE: ‘The Belt and Road Initiative: Reshaping the global value chain’ report
The Borneo Post / Posted 22 days ago
SOURCE: ‘The Belt and Road Initiative: Reshaping the global value chain’ report, jointly written by the ACCA and SSE) Malaysia stands to gain? Overall, the widely debated initiative has garnered equal amounts of positive and negative... Read more
23d
The Borneo Post
Members of Petros board must be very experienced – Abang Joas a board member of the newly formed Petroleum Sarawak Berhad (Petros) he or s
The Borneo Post / Posted 23 days ago
as a board member of the newly formed Petroleum Sarawak Berhad (Petros) he or she must be very experienced in the oil and gas industry. He was responding to a question posed by a reporter who asked when he was going to appoint a Dayak... Read more
5 related articles
23d
The Star
Dialog propelled by Rapid developmentOil and gas company reaps benefits from going downstream > Share price hits ne
The Star / Posted 23 days ago
Oil and gas company reaps benefits from going downstream > Share price hits new high of above RM2 > Earnings and share price resilient despite crude oil plunge > Petronas’ commitment to develop its downstream activities also expected to benefit the... Read more
24d
Reuters
Petronas, Aramco keen on $1.8 billion Daewoo E&C controlling stake: Maeilhave been appointed as its advisers on the deal. The stake was valued at 1.48 t
Reuters / Posted 24 days ago
have been appointed as its advisers on the deal. The stake was valued at 1.48 trillion won as of Thursday’s closing price. Malaysian oil company Petroliam Nasional Bhd (Petronas) is considering acquiring the KDB stake, Maeil reported, citing... Read more
2 related articles
24d
The Star
Lacklustre earningswhile blue-chip counters fared better. Among the notable mid-capitalised compa
The Star / Posted 24 days ago
while blue-chip counters fared better. Among the notable mid-capitalised companies that disappointed is condom maker Karex Bhd, which saw its profit nosedive by 76% to RM2.9mil in the fourth quarter ended June 30. The drop was attributed to higher... Read more
26d
The Star
CIMB underpins KLCI's late chargeoil fell 30 cents to US$46.14 and Brent was down 48 cents to US$51.52. Petronas
The Star / Posted 26 days ago
oil fell 30 cents to US$46.14 and Brent was down 48 cents to US$51.52. Petronas Dagangan added 30 sen to RM24.40, Petronas Gas six sen higher at RM18.40 and Petronas Chemicals shed three sen to RM7.16. As for telcos, Axiata rose eight sen to... Read more
4 related articles
26d
The Star
Top foreign and local stories at 4pma parts supplier to resolve the issue. — Reuters Top local storiesMaybank Q2 e
The Star / Posted 26 days ago
a parts supplier to resolve the issue. — Reuters Top local storiesMaybank Q2 earnings rise 42.9% to RM1.65bil: Maybank Bhd’s earnings for the second quarter rose 42.9% to RM1.65bil. Revenue was slightly lower at RM10.92bil versus RM10.94bil a... Read more
27d
The Star
Markets fall on rising geopolitical tensions, KLCI slips, ringgit downKUALA LUMPUR: Bursa Malaysia and key Asian markets except China fell at midday
The Star / Posted 27 days ago
KUALA LUMPUR: Bursa Malaysia and key Asian markets except China fell at midday on Tuesday as investors sought safe haven assets after North Korea fired a missile over Japan while the ringgit weakened against the key currencies. At 12.30pm, the FBM... Read more
4 related articles
27d
The Borneo Post
Solid strategy for Petronas portfolio adjustmentsKUCHING: Petroliam Nasional Bhd (Petronas) remains committed to developing its
The Borneo Post / Posted 27 days ago
KUCHING: Petroliam Nasional Bhd (Petronas) remains committed to developing its liquefied natural gas (LNG) business and growing its international businesses in a longer run amidst an unexciting oil price environment. Kenanga Investment Bank Bhd... Read more
28d
The Star
Scomi provides additional details on mergerKUALA LUMPUR: Scomi Group Bhd provided more details on Monday into its proposed
The Star / Posted 28 days ago
KUALA LUMPUR: Scomi Group Bhd provided more details on Monday into its proposed merger with its subsidiaries Scomi Energy and Scomi Engineering, in response to a query by Bursa Malaysia on Aug 24, 2017. Risks Scomi says the proposed mergers are not... Read more
28d
The Star
Monday, August 28to US$47.88 a barrel after Tropical Storm Harvey struck Texas over the weekend
The Star / Posted 28 days ago
to US$47.88 a barrel after Tropical Storm Harvey struck Texas over the weekend at the heart of the United States’ oil and gas industry, forcing operators to close several refineries and evacuate and close offshore platforms. - Reuters Top local... Read more
29d
The Borneo Post
The week at a glance 27 August 2017Sabah & Sarawak Plantations division the star performer for Ta Ann Local play
The Borneo Post / Posted 29 days ago
Sabah & Sarawak Plantations division the star performer for Ta Ann Local player Ta Ann Holdings Bhd (Ta Ann) saw its core net income of RM68.9 million for the forst half of 2017 (1H17) coming in within expectations, with its plantations segment... Read more
29d
The Borneo Post
Petros to appoint a non-Muslim Bumiputera as board membersocial media lamenting that the non-Muslim Bumiputera community of Sarawak were
The Borneo Post / Posted 29 days ago
social media lamenting that the non-Muslim Bumiputera community of Sarawak were not represented in the state-owned oil and gas company. Uggah however commented that the task of finding a non-Muslim Bumiputera board member for Petros is not going... Read more
3 related articles
30d
The Star
Petronas gains from higher oil pricesoil company determined to continue with cost-cutting measures COST-CUTTING mea
The Star / Posted 30 days ago
oil company determined to continue with cost-cutting measures COST-CUTTING measures have helped lift Petroliam Nasional Bhd (Petronas) to sail through the storm from the heavy beating it has taken from the plunge in the price of crude oil since... Read more
3 related articles
30d
The Star
Prospects remain dim for MalakoffBut valuations appear increasingly attractive after recent fall Malakoff Corp
The Star / Posted 30 days ago
But valuations appear increasingly attractive after recent fall Malakoff Corp Bhd shares may have rebounded from their lows in recent weeks, but meaningful gains for the counter will likely be capped over the medium term by the company’s lacklustre... Read more
30d
The Star
Wahid gets moving to boost returns for PNBHe is busy sweating the RM260bil worth of assets of Malaysia’s largest fund-man
The Star / Posted 30 days ago
He is busy sweating the RM260bil worth of assets of Malaysia’s largest fund-management firm. IT is to no one’s surprise that Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar is back in his element. A veteran of rebuilding... Read more
30d
The Borneo Post
Petros names Hamid Bugo chairmanas chairman of the newly formed Petroleum Sarawak Berhad (Petros). Hamid is a
The Borneo Post / Posted 30 days ago
as chairman of the newly formed Petroleum Sarawak Berhad (Petros). Hamid is a former state secretary who once served with Malaysia LNG Sdn Bhd in Bintulu. The other board members are Dato Mohammad Medan Abdullah, Sharbini Suhaili, Zuraimi Sabki... Read more
3 related articles
1m
The Star
GentingM, IHH, Sime Darby weigh on KLCI, ringgit climbsKUALA LUMPUR: Blue chips closed lower on Friday as Genting Malaysia came under
The Star / Posted a month ago
KUALA LUMPUR: Blue chips closed lower on Friday as Genting Malaysia came under selling pressure after it was downgraded while IHH Healthcare and Sime Darby also weighed on the FBM KLCI. At 5pm, the KLCI was down 6.33 points or 0.36% to 1,769.17.... Read more
3 related articles
1m
Market Watch
Petronas profit surges on higher product pricesKUALA LUMPUR, Malaysia--Malaysia's national oil company Petroliam Nasional Bhd.
Market Watch / Posted a month ago
KUALA LUMPUR, Malaysia--Malaysia's national oil company Petroliam Nasional Bhd. reported a surge in net profit for the second quarter, mainly driven by lower net impairment on assets and well costs as well as higher gross profit. Net profit for the... Read more
3 related articles
1m
The Borneo Post
Hamid Bugo appointed as Petros chairmanthe chairman of the newly-formed Petroleum Sarawak Berhad (Petros). Hamid is a
The Borneo Post / Posted a month ago
the chairman of the newly-formed Petroleum Sarawak Berhad (Petros). Hamid is a former State Secretary who once served with Malaysia LNG Sdn Bhd in Bintulu. The other board members are Dato Mohammad Medan Abdullah, Sharbini Suhaili, Zuraimi Sabki... Read more
3 related articles
1m
The Star
Stronger earnings for GentingPETALING JAYA: Genting Bhd posted a stronger net profit of RM456.33mil in its s
The Star / Posted a month ago
PETALING JAYA: Genting Bhd posted a stronger net profit of RM456.33mil in its second quarter ended June 30, mainly attributable to firmer topline and a gain on disposal of available-for-sale financial assets. In a filing with Bursa Malaysia, the... Read more
1m
The Star
Friday, August 25bonds and will not seek voting rights in the business, they said. - Reuters Ra
The Star / Posted a month ago
bonds and will not seek voting rights in the business, they said. - Reuters Raízen nears buying Shell's Argentina gas station chain: Brazil's Raízen Energia SA is close to buying parent Royal Dutch Shell Plc's Argentina gas station network... Read more
2 related articles
1m
The Star
Genting Bhd’s earnings surge, growth seen at all operating divisionssingle largest contributor to revenue and profit - registered a 45% jump in pre
The Star / Posted a month ago
single largest contributor to revenue and profit - registered a 45% jump in pre-tax profit to RM1.63bil. The division's Malaysian component, comprising Resorts World Genting (RWG), posted a 7% increase in revenue to RM1.44bil on higher volume of... Read more

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