oil and gas
Indonesia Cuts Singapore Gas Exports Amid Warning Against Disrespect
Indonesia begins reducing natural gas exports to Singapore, raising energy security concerns after warnings against countries deemed disrespectful.
Category: oil and gas
oil and gas
MPRC, Turkmennebit Forge Partnership to Expand Malaysian OGSE Opportunities in Turkmenistan
MPRC, Turkmennebit Forge Partnership to Expand Malaysian OGSE Opportunities in Turkmenistan
oil and gas
Europe Faces Winter Gas Supply Risks as Storage Levels Lag and Geopolitical Tensions Drive LNG Prices Higher
Europe enters winter with weaker gas reserves, rising LNG competition and geopolitical risks, keeping global gas prices elevated.
Business News
SC Extends Yinson Privatisation Deadline for MISC, EPF to Nov 30
The SC has given MISC and EPF until Nov 30 to decide on taking Yinson Holdings private via a scheme of arrangement.
Business News
Petra Energy Turns the Corner, Net Profit Seen Jumping Over 400% in FY27: MBSB Research
MBSB Research sees Petra Energy's net profit surging over 400% to RM44 million in FY27, with an indicative fair value of RM0.69.
Indonesia
Guthrie Rejects Fire Allegations, Says No Active Blazes Found at Indonesian Estates
Guthrie cites ground checks, strict policies and extensive firefighting operations across estates saying allegations are unsupported
World Business News
Bessent, Rubio Defend Trump’s Russia Tariff Waiver, Citing 60-Day Review of Global Economic Fallout
US Treasury Secretary Scott Bessent and Secretary of State Marco Rubio said Trump's waiver of new Russia-linked tariffs is a pause to assess the…
Palm Oil
Palm inventory hits record 3.5mil tonnes
In September, Malaysian palm inventory reached a record 3.5 million tonnes, driven by increased production despite falling exports.
Agriculture
Greenpeace Links Malaysian and Singaporean Firms to Indonesian Peatland Fires
Environmental groups identify top Malaysian and Singaporean plantation entities tied to recurring 2026 Indonesian forest fires, demanding cross-border corporate accountability.
Stocks and Markets
AI Jitters and Oil Surge Hit Global Stocks
Global stocks fell as AI trade weakened and oil prices surged, with US tech shares and Asian markets leading declines.
Business News
Oil Spike and Foreign Selling Drag Bursa
Bursa Malaysia fell as oil prices surged and foreign selling persisted, pushing the FBM KLCI near the key 1,600 support.
Fuel
RONPOS Expands Malaysian Footprint with FIVE Petroleum Onboarding
Silentmode’s RONPOS platform adds FIVE Petroleum as its fourth Malaysian client while expanding pilot operations in the Philippines.
War
Brent Crude Rises as Hormuz Talks Stall and US Diesel Policy Looms
Brent crude rises to $105 as Hormuz talks stall and US considers diesel export ban, tightening global energy markets.
Stocks and Markets
Global Equities Stagnate as US Treasury Yields and Crude Oil Surge
Wall Street closed flat as 10-year US Treasury yields hit 5.22% and Brent crude climbed past US$106.77/bbl.
oil and gas
Energy shock deepens as central banks tighten on rising inflationary risks
US retail diesel prices hit $6.50, central banks tighten policies amid inflation concerns, and the Trump-Xi summit looms.
Airlines
MAG Faces RM7.5 Billion Cost Surge Amid Fuel Shock
MAG warns of RM7.5b cost surge from fuel prices, trims flights and raises fares as global airlines face similar pressures.