KUALA LUMPUR, Feb 27 — The government should set up a new sovereign wealth fund as part of its efforts to improve transparency and accountability in managing oil and gas revenue, said former finance minister Lim Guan Eng.

KUALA LUMPUR, Feb 22 — Malaysia actively welcomes investment and trade in the energy industry from both local and international companies to address the energy crisis and ensure energy security, said Economy Minister Rafizi Ramli.

KUCHING, Feb 18 — The government will not compromise in protecting the rights and sovereignty of the country, especially with regard to claims on Malaysia’s assets by the self-proclaimed Sulu heirs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Feb 18 — The prize money for the 2023 Malaysian Cub Prix Championship has increased by almost 50 per cent in conjunction with the 30th edition of the motorcycle race.

KUALA LUMPUR, Feb 17 — Luxembourg court bailiffs issued fresh seizure orders for two units of Malaysian state oil firm Petronas this week, following a bid by descendants of a former sultanate to enforce a US$15 billion (RM66.4 billion) award they had won against Malaysia, according to the heirs' lawyer and court documents seen by Reuters.

PUTRAJAYA, Feb 15 — The need to list Petroliam Nasional Bhd via an initial public offering (IPO) should be studied to ensure there is no conflict with matters enshrined in the Petroleum Development Act (PDA) 1974, according to Economy Minister Rafizi Ramli.

KUALA LUMPUR, Feb 14 — The government is advised to study the possibility of listing Petroliam Nasional Bhd (Petronas) via an initial public offering (IPO) as one way for the government to raise money to help reduce the national debt, said Subang MP Wong Chen.

KUALA LUMPUR, Dec 20 — Petronas said on Tuesday it had won the Agua Marinha exploration block in the Campos Basin during Brazil's bid round.

KUALA LUMPUR, Dec 6 — The Yang di-Pertuan Agong, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, today expressed happiness over the inaugural cooperation between the country’s oil and gas producing company and the United Arab Emirates (UAE).

SINGAPORE, Oct 10 — Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline leak, trade sources said on Friday.

TOKYO, Sept 30 — Japan on Thursday signed a memorandum of cooperation (MoC) with Petronas on liquefied natural gas (LNG), including emergency measures, the industry ministry said.

KUALA LUMPUR, Sept 29 — Barakah Offshore Petroleum Bhd (Barakah) and its subsidiary PBJV Group Sdn Bhd (PBJV) today withdrew their appeal against the High Court's decision to reject its RM1.02 billion suit filed against Petroliam Nasional Berhad (Petronas) dan Petronas Carigali Sdn Bhd (PCSB) over the suspension of PBJV's licence under the Petroleum Development Act 1974 (PDA).

KUALA LUMPUR, Sept 29 — Petronas and Mercedes-AMG F1 (Formula One) Team yesterday agreed on a multi-year renewal of Title and Technical Partnership from 2026 onwards as they power towards two decades of collaboration since 2010.

KUALA LUMPUR, July 13 — Petroliam Nasional Bhd (Petronas) said it viewed the action of alleged seizure of its assets as baseless and is working vigorously to defend its legal position on this matter.

KUALA LUMPUR, June 24 — Petroliam Nasional Bhd (Petronas) has maintained its position as the world’s strongest oil and gas (O&G) brand for the third consecutive year, according to the Brand Finance 2022 annual report on the most valuable and strongest O&G brands.

KUALA LUMPUR, June 16 — Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to produce carbon-free energy.

KUALA LUMPUR, June 10 — The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

KUALA LUMPUR, May 24 — The Malaysia Badminton Open, now known as Petronas Malaysia Open, is back to thrill fans at the Axiata Arena in Bukit Jalil from June 28 to July 3 after a two-year hiatus due to Covid-19.

SINGAPORE, May 12 — A 300,000 barrel-per-day refinery-petrochemical complex in Malaysia run as a joint venture between Petronas and Saudi Aramco has restarted after a more than two-year closure, a source with knowledge of the matter said.

KUALA LUMPUR, April 26 — Petronas has reached an agreement with TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in India to become the title partner to India’s first factory racing team, TVS Racing.