Business News
Price Movement of Asia LNG Market
M LNG inventories at major utilities dropped 6.5% week-on-week to 2.01 million tonnes (Mt), below the long-term average of 2.18 Mt
Category: Fuel
Business News
Perdana Petroleum Bhd Posts Highest Profit in 18 Years, Eyes Fleet Renewal
Perdana Petroleum’s FY2024 profit surged 228.79% to RM146.03 million, driven by higher vessel utilisation, charter rates, and financial improvements.
Business News
Petronas Slashes Staff to Survive Next Decade’s Energy Shift
Petronas rightsizes workforce for survival amidst global energy changes, focusing on efficiency and new market dynamics.
Business News
NGC Energy Launches Gas Go: Portable, Reliable, and Versatile Butane Gas Canister
The Gas Go canister embodies NGC Energy’s commitment to providing trusted and dependable energy products for our customers
Business News
Oil & Gas Sector Update: Positive Outlook
Price Trends: Brent crude oil dipped -1% YoY in January CY25, while Henry Hub natural gas surged +36% YoY. Market Performance: KLEN fell -4%…
Business News
Construction, Technology, and Utilities are to be avoided
Sectors such as Construction, Technology, and Utilities are to be avoided due to current market instability.
Business News
The Role of Oil in the War in Ukraine
If global oil prices were lower, Russia’s revenue would shrink, potentially limiting its ability to fund the war. But this would depend on the…
Business News
Petronas Powers Up: Malaysia and Japan Forge Ahead in Clean Energy Revolution
The long-standing economic ties between Malaysia and Japan, with a significant number of manufacturing projects and investments, are seen as a solid foundation for…
Business News
Gas and LNG Market Update – January 2025
Asian spot LNG prices for February delivery fell 3% to $14.4 per MMBtu on 8 January, with further declines expected to $14.3
Business News
Fuel Subsidy Slash Set to Spark Voter Backlash: Anwar’s Reform Risks in 2025
Pakatan Harapan promised to reduce the price of fuel the day after they take power. But its been 2 years now and they are…
Business News
Vaca Muerta’s Record Oil Output Meets Growing Demand
Vaca Muerta’s record oil output, infrastructure investments, and rising exports position Argentina as a key player in global energy markets.
Business News
Petronas reinforces commitment to fight climate crisis
Petronas aims to move away from fossil fuels and towards cleaner energy solutions to support global decarbonisation efforts.