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Thursday, 26 February 2015

Petronas, HHI to sign US$1.1 bln novation agreement with MISC

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Petronas and Hyundai Heavy Industries Co Ltd (HHI) have agreed to enter into a novation agreement with MISC Bhd that will involve an expe...
Monday, 23 February 2015

BASF, Petronas Chemicals to build 2-EHAcid plant in Malaysia

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Germany's BASF and Malaysia's Petronas Chemicals Group Bhd will build the first Southeast Asian plant producing 2-Ethylhexanoic A...
Monday, 9 February 2015

Petronas' slumping profits

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In tandem with the steep decline in oil prices, Petroliam Nasional Bhd (Petronas) is expected to report less than RM10bil in pre-tax ...
Thursday, 22 January 2015

Oil pipeline through Myanmar to China expected to open in Jan -sources

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A crude oil pipeline and a deep sea port meant to secure an alternative route for Chinese imports overland through Myanmar are set to op...
Tuesday, 20 January 2015

Shell ends $6.5B Qatar project as oil price falls

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Qatar Petroleum and Royal Dutch Shell have scrapped plans for a petrochemicals project, worth an estimated $6.5 billion, due to the slump i...
Saturday, 13 December 2014

MALAYSIA OPENING - FLEXIBLE AND RISER INSPECTOR

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Hi ALL, Greetings! We have an opening for Flexible and Riser Inspector for a Subsea project in Johor Malaysia. This would be 1-2 years ...
Saturday, 29 November 2014

No more marginal oil field awards for now

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PETRONAS will not proceed with the awarding of new marginal oil fields unless the price of Brent crude settles above US$80 per barrel....
Friday, 28 November 2014

Petronas Q3 profit falls 12.4% on weak oil prices

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Petroliam Nasional Bhd (Petronas) reported today a 12.4% fall in third-quarter profit on weakness in oil prices, the US dollar and liquefie...

Oil falls as OPEC opts not to cut production

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The Organization of Petroleum Exporting Countries (OPEC) decided on Thursday not to cut oil production, despite sliding oil prices. Brent...
Monday, 24 November 2014

Petronas award blocks SB331 and SB332 to SapuraKecana

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PETRONAS on Thursday awarded two Production Sharing Contracts (PSC) for Blocks SB331 and SB332 onshore Sabah to SapuraKencana Energy Sab...