oil and gas

Global Energy Scenarios 2025: The next energy era

The global energy transition emphasizes clean electricity and electrification, requiring significant emissions reductions to limit warming to 1.9 degrees.

6 months ago

NGC Energy Nears 10 Mil Safe Man-Hours Amid Growing Demand for Safe Gas & Utilities Solutions

Founded in 2012, NGC Energy provides end-to-end gas and utilities engineering services, covering the full project lifecycle from design and…

6 months ago

IMO’s Net-Zero Framework Delay Exposes Gaps in Clean-Fuel and Carbon-Offset Plans

IMO’s one-year delay on its Net-Zero Framework highlights major feasibility issues in clean-fuel supply, carbon trading, and incentive design.

7 months ago

300L-Budi95 Quota More Than Enough as Most Malaysians Use Under 180L Monthly

The Budi Madani petrol subsidy provides ample quota for Malaysians, as 95% consume under 180 litres monthly, minimizing potential misuse.

7 months ago

US-China Tariff Escalation Sends Oil Prices Lower, Sparks Fears of Economic Decoupling

Oil prices fell as US-China tensions rose after Washington imposed 100% tariffs and Beijing tightened rare-earth export controls.

7 months ago

Malaysians With Singapore Licences Can Reapply for Local Driving Permits from Oct 16

Malaysians with Singapore licences can reapply for local permits via a new JPJ portal linked to the Budi95 subsidy scheme.

7 months ago

Oil Market Turning Oversupplied as OPEC+ Output Rises: Experts

Rystad Energy says OPEC+ output growth and weakening demand will push global oil markets into surplus, pressuring crude prices below…

7 months ago

Oil & Gas Sector Mixed in 2QFY25; Brent Weakens, Gas Gains

Oil and gas sector posts mixed 2QFY25; weaker Brent prices offset by stronger gas, storage, and LNG demand.

8 months ago

Consumer, Construction, and O&G Stocks in Focus as KLCI Finds Support Amid Global Rally

Consumer, construction, tech, and O&G stocks gained on Budget hopes; KLCI edged higher, Wall Street hit fresh records on Fed…

8 months ago

Petronas H1 Net Profit Falls 19% on Lower Oil Prices, Rising Costs

Petronas reported a 19% profit drop in H1 2025, facing challenges from low oil prices, rising costs, and foreign exchange…

8 months ago

PETGAS 2QFY25 Results In Line; Maintain HOLD: Analysts

Apex Research reports Petronas Gas's 2QFY25 profit decline, driven by weaker Gas Transportation while maintaining dividend stability amid market challenges.

8 months ago

Petronas Chemicals Reports RM1.08b Loss in 2Q 2025

Petronas Chemicals reported a RM1.08 billion net loss in 2Q 2025 due to lower revenue, impairments, and foreign exchange losses,…

9 months ago

PETRONAS Reaffirms Long-Term Commitment to Brazil Amid Global Growth and Transformation Drive

PETRONAS reaffirmed commitment to Brazil, highlighting operations in upstream and downstream sectors while expanding internationally with new exploration blocks secured.

9 months ago

Audit Petronas: Reactions from political figures

Proposal for Petronas audit after 5,000 contract workers' termination gains mixed reactions; transparency, professionalism urged to protect reputation, investor confidence.

11 months ago

Sarawak Sues Petronas Over Illegal Miri Oil Terminal Operations in Resource Control Clash

This action reflects escalating tensions between Sarawak and Petronas, as Sarawak seeks greater control over its oil and gas resources…

1 year ago

Oil & Gas Sector Downgraded to Neutral Amid Brent Price Drop and OPEC+ Output Surge

Looking ahead, the combination of OPEC+'s increased supply and U.S. trade tariffs is anticipated to exert negative pressure on the…

1 year ago

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