Crude output has increased from OPEC+ as group accelerated output hikes to regain market share

Traders eyeing New Delhi's responses to Washington pressure to stop buying Russian oil

Markets on the lookout for ceasefire as US President threatens secondary sanctions on Russian oil buyers if peace talks stall

PUTRAJAYA, May 21 — The federal government and Sarawak signed a joint declaration on matters involving Petronas and Sarawak’s Petros.

KUALA LUMPUR, May 2 — Petronas today confirmed that its subsidiary, Petronas Carigali Sdn Bhd (PCSB), received notices on April 30, from the Sarawak Utility and Telecommunications Ministry on its gas processing and distribution.

BRASILIA, Feb 19 — Brazil announced yesterday its decision to join Opec+, a bloc that gathers members of the Organisation of the Petroleum Exporting Countries (Opec) and observer nations, reported Xinhua.

VLADIVOSTOK, Sept 5 — Malaysia will continue oil explorations within its territory, despite China’s demand for Malaysia to cease its activities off Sarawak waters, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, Aug 8 — Petronas is studying the feasibility of an integrated development strategy for oil and gas extraction in offshore Block 52 in Suriname.

KUCHING, Sept 2 — The implementation of a special petroleum permit under the Control of Supplies Act 1961 is not meant to cause inconvenience to the public but to prevent the abuse of subsidies.

KUALA LUMPUR, Nov 9 — Malaysia’s manufacturing sales grew 11.6 per cent in September 2021 to RM135.3 billion as compared to the same month in 2020, said the Department of Statistics Malaysia (DOSM) Sales value increased by 6.9 per cent against the previous month, driven by the Petroleum,...

KUALA LUMPUR, Nov 1 — MISC Bhd posted a slightly lower net profit of RM258.3 million in its third quarter ended Sept 30, 2020 (Q3 2020) versus RM266.1 million in the same quarter last year.

KUALA LUMPUR, Oct 23 — The retail prices of RON95 and RON97 will be lower by four sen per litre while the price of diesel will remain at RM1.74 per litre for the period of October 24 to 30.