KUALA LUMPUR, Oct 13 — The Federal government’s revenue collection in 2024 anticipates a marginal growth of 1.5 per cent to RM307.6 billion or 15.6 per cent of gross domestic product (GDP), driven by higher tax collection.

KUALA LUMPUR, Oct 12  — Private 5G networks will be critical enablers of digital transformation for large enterprises in many different industries across Southeast Asia over the next five years.

KUALA LUMPUR, Oct 10 — The government’s investment position amounted to RM35.15 billion at the end of 2022, a decrease of RM8.24 billion, or 19 per cent, compared with RM43.39 billion in 2021.

KUALA LUMPUR, Oct 10 — The Federal government’s revenue has increased by 25.9 per cent or RM60.61 billion to RM294.36 billion in 2022, compared to RM233.75 in 2021.

TOKYO, Oct 5 — Petroliam Nasional Bhd (Petronas) has collaborated with Idemitsu Kosan Co Ltd “to enhance capabilities across the supply chain and optimise the route to market for sustainable aviation fuel (SAF).” This marked a significant step in both companies' ongoing commitment to producing...

KUALA LUMPUR, Aug 21 — Southeast Asian national oil companies (NOCs) and traditional upstream players are progressively focusing on cleaner and more environmentally friendly energy initiatives with investments set to exceed US$76 billion (RM353.4 billion) from 2023 to 2025, according to Rystad Energy.

KUALA LUMPUR, Aug 16 — The Malaysian Palm Oil Board (MPOB) and Petroliam Nasional Bhd (Petronas) are collaborating to conduct a study on the production of sustainable aviation fuel (SAF) with used cooking oil and palm wastes as the main raw materials.

TANGERANG, July 26 — Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas, and Eni will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.

TANGERANG, July 25 — Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell today to buy its 35% stake in the Masela natural gas fields for up to US$650 million (RM2.97 billion), moving the project forward after years of delay.

KUCHING, June 13 — Petroliam Nasional Bhd (Petronas) president and group chief executive officer (CEO) Tan Sri Tengku Muhammad Taufik Tengku Aziz said his contract, which will expire at the end of this month, has been extended.

KUALA LUMPUR, May 27 — Petronas will continue giving its fullest cooperation to the Malaysian Anti-Corruption Commission (MACC) in regard to the investigation into allegations of graft involving the state-owned oil company’s projects and an international oil and gas company in Sarawak.

PUTRAJAYA, May 26 — The Malaysian Anti-Corruption Commission (MACC) is conducting an investigation into allegations of graft amounting to RM399 million involving Petronas projects and an international oil and gas company in Sarawak.

LANGKAWI, May 22 – The government is encouraging more local airlines to use sustainable aviation fuel (SAF) to reduce the rate of carbon emissions in the country.

PUTRAJAYA, April 27 — The 30 Malaysians who were rescued from the conflict-torn Khartoum, in Sudan, are scheduled to return home tomorrow (April 28), said Foreign Minister Datuk Seri Dr Zambry Abdul Kadir.

SINGAPORE, April 13 — Petroliam Nasional Berhad aims to restart a gas pipeline currently under force majeure by the first quarter of 2024, a senior company executive said on Wednesday (April 12).

KUALA LUMPUR — Prime Minister Datuk Seri Anwar Ibrahim on said today he had told China that an exploration project by state energy firm Petronas in the South China Sea was within Malaysian waters, in a reference to an overlapping claim in the area by Beijing.

KUALA LUMPUR, March 17 — The National Anti-Drug Agency (AADK) and Petroliam Nasional Bhd (Petronas) today signed a memorandum of understanding (MoU) for the implementation of the Drug-Free Workplace (Tekad) programme.

SINGAPORE, March 17 — Malaysia's national oil company, Petroliam Nasional Bhd or Petronas, plans to expand its corporate venture capital arm by as much as US$200 million as early as April, two sources with knowledge of the matter told Reuters.

KUALA LUMPUR, March 13 — Petroliam Nasional Bhd (Petronas) posted its strongest financial performance with a net profit of RM101.6 billion in the financial year ended December 31, 2022 (FY2022), up 51 per cent against RM50.9 billion a year ago, on the back of favourable market conditions last year.

KUALA LUMPUR, Feb 27 — As the current Parliament sitting enters its third week, the Employees Provident Fund (EPF) continues to be a hot topic for debate among MPs, who chimed in with various ideas and opinions about the country’s pension fund.