Majority of those in the business would suggest that oil keeps the world economy going. Hence, having control over oil reserves and leverage over global oil prices translates into geopolitical clout. As the world’s most significant energy source, oil plays… Read More ›
Oil & Gas News
Syarikat minyak dan gas negara, Petroliam Nasional Bhd. (PETRONAS) dilaporkan sedang berunding dengan I Squared yang berpangkalan di New York bagi membeli saham majoriti dalam Amplus Energy Solutions Pvt. Ltd. (Amplus Energy) satu daripada pengeluar tenaga suria terbesar di India bagi potensi perjanjian bernilai kira-kira 27 bilion rupee (RM1.55 bilion).
The new phase will be an all-subsea project and Shell has mobilised Seadrill’s drillship West Capella from the location of its Gemilang-1 exploration well to Gumusut-Kakap, where the unit is to drill four wells.
With production declining and investment scarce, the Angolan leadership has put in place a number of new policies to reboot its oil industry and propel economic development. However, those changes take time and renewed deep-water oil and gas exploration for fresh reserves will take years to yield the desired results and stop the daily production crunch.
Malaysian state oil giant PETRONAS has cautioned would-be investors not to fall prey to the promises of cryptocurrency technology platforms that are purportedly endorsed by its chief executive, Wan Zulkiflee Wan Ariffin. PETRONAS said that phishing websites had been illegally… Read More ›
A fuel pump price set at $3.11 per litre for diesel, and $3.33 per litre for petrol.”
KUALA LUMPUR: PETRONAS menjelaskan bahawa nama syarikat itu serta Presiden dan Ketua Pegawai Eksekutifnya telah disalah gunakan menerusi promosi dalam talian bertajuk “PETRONAS Launches New Scheme With 18 Partners. This Can Make You Rich!” di beberapa platform pelaburan teknologi seperti Crypto Revolt dan Bitcoin Revolution.
OPEC plans to publish this week the quotas for individual countries under the new OPEC/non-OPEC production cut deal agreed upon on December 7 and in force since January 1, an OPEC source told Russian news agency TASS on Monday.
In separate news article, Sarawak CM, Datuk Patinggi Abang Johari said discussion on petroleum issues between the Sarawak government and PETRONAS will be continued. He said, agreement has been made with PM Tun Dr. Mahathir during a Special Cabinet Committee… Read More ›