KUALA LUMPUR, Jan 5 — Maybank Investment Bank (IB) is maintaining its positive call on the Malaysian oil and gas (O&G) sector amid a more positive picture painted in the Petroliam Nasional Bhd (Petronas) Activity Outlook (PAO) 2023-2025.

KUALA LUMPUR, April 26 — The Economic Planning Unit (EPU) and Malaysia Petroleum Resources Corporation (MPRC) plan to kick off 15 initiatives this year under the National Oil & Gas, Services and Equipment (OGSE) Industry Blueprint 2021-2030.

KUALA LUMPUR, April 8 — Oil and gas (O&G) companies are expected to increase their capital expenditure (capex) programme in 2021, if crude oil prices stay between US$60 and US$70 per barrel (US$1= RM4.13), according to Moody's Investors Service.

KUALA LUMPUR, Feb 26 — Petroliam Nasional Bhd (Petronas) today reported a group loss after tax of RM21.0 billion for the financial year ended December 31, 2020 (FY20) due to net impairment losses totalling RM31.5 billion -- its biggest so far -- compared to a profit after tax (PAT) of RM40.5 billion in 2019.

KUALA LUMPUR, Feb 24 — Petroliam Nasional Bhd (Petronas) has announced a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometres off the coast of Sarawak.

KUALA LUMPUR, Feb 23 — Petronas Chemicals Group Bhd's (PChem) net profit for its financial year ended December 31, 2020 slipped to RM1.62 billion from the RM2.81 billion recorded in the previous financial year.

KUALA LUMPUR, Feb 11 — In the short term, it appears that the worst is over for the oil and gas (O&G) industry after a catastrophic 2020 due to a combination of a supply shock, an unprecedented drop in demand for the commodity and a global humanitarian crisis brought about by the Covid-19 pandemic.

KUALA LUMPUR, Dec 16 — Petroliam Nasional Bhd (Petronas) has put in place plans to rebound and recover post-Covid-19 as the company is reeling from the impact of the pandemic to the oil and gas industry.

LONDON, Dec 12 — British Prime Minister Boris Johnson will pledge to end direct government support for overseas fossil fuel projects at a UN summit on Saturday, aiming to spur similar moves by other countries to help tackle climate change, his office said.

KUALA LUMPUR, Nov 17 — Petronas Dagangan Bhd's net profit slipped to RM212.66 million for the third quarter ended September 30, 2020 (Q3 2020) from the RM239.00 million posted in the same quarter last year.

KUALA LUMPUR, Sept 18 — The impact of the Covid-19 pandemic on the oil and gas industry (o&g), coupled with green agenda activism, could trigger an era of mega-mergers and consolidation among the super majors in the industry, AmInvestment Bank Bhd analyst Alex Goh said.