Tag: oil and gas
The state also wants Petronas to pay the 5% sales tax for petroleum products by the end of this month.
This is to ensure Sarawak has sufficient gas to drive the downstream activities of the natural gas industries in the state, says Abang Johari.
China wants to 'expand practical cooperation to ensure steady and sustained progress' in its ties with the Philippines through the meeting, a Chinese Foreign Ministry spokesman says.
The sale is part of BP's US$10 billion divestment programme to help the company shore up its balance sheet.
The US calls into serious question Beijing's commitment to a peaceful resolution of maritime disputes in the South China Sea.
Shell's net profit for the last three months came in at US$3 billion in comparison to US$6 billion in the same period last year.
He says Lim Guan Eng's presumptions were made without considering Sarawak's earnings from oil and gas and the states outstanding financial administration.
Felix Saang says Sabah companies need assistance as they are presently unable to compete with more established companies from Peninsular Malaysia and Sarawak.
LNG supply is not impacted as the shortfall is being made up by other fields in offshore Sarawak.
The country's largest oil and gas services company reported profit after five consecutive quarters of losses.
The largest reserve is in Sarawak says minister Azmin Ali, adding that Petronas needs to continue searching for new reserves.
An undisturbed oil and gas deposit has been found near South Africa.
OMV deputy CEO Johann Pleininger says Sapura Energy ranked top when it screened companies for its foray into the region.
The latest Monster Employment Index shows a 13% year-on-year growth for the month of October.
This follows the firm's announcement in March that it would explore new business areas including new energy and assess opportunities in solar power.
As petroleum prices slide, Ideas recommends a review of subsidies among measures to sustain the Malaysian economy.
The rubble left by the previous state government has become the burden of the present PAS-led administration.
Large international oil companies have already invested billions in our oil and gas industry, and we should not deter more investments from entering the state or nation.
The company, which develops small oil and gas fields in Asia, has two major producing assets.
Prime Minister Dr Mahathir Mohamad also defends the federal government’s collection of 5% from Petronas, saying the money will be used to help all the states.
Chief Minister Shafie Apdal will instruct state attorney-general to look into the matter.
Okea's chief executive also said Bangchak Corporation was behind the earlier announced plan to list Okea in Oslo within 12 months.
Previous federal government had vowed to fund RM1.8 billion project but current federal government has yet to release money to Sabah.
Monster.com report notes increased hiring in IT, telecommunications, advertising, media, and oil and gas sectors compared to the first quarter of the year.