PETRONAS Sells 74% Interest in Engen Limited to Vivo Energy
The Phembani Group, a long-standing partner of PETRONAS and Engen's B-BBEE shareholder, will also retain its shares in Engen. The transaction is subject to regulatory approvals.
Energy
Key Highlights On Banks, Planters & Telcos Stocks
Market breadth was positive with 407 advancers against 387 decliners while 443 counters remain unchanged. Total volume stood at 2.50bn shares valued at RM1.90bn, adds Rakuten
Petronas Gas' Strong Performance in FY2022
While from a quarter-to-quarter view, revenue for Q3 FY2022 improved approximately 10% from RM1.43 billion to RM1.56 billion, mainly from higher Utilities revenue as a result of higher product prices in line with higher fuel gas price.
ADIPEC Will Bring The Global Energy Industry Together In New Era
As the world’s largest and most inclusive energy platform, ADIPEC will help reframe the climate discussion and advance an inclusive dialogue between some of the most influential stakeholders in the industry to accelerate realistic solutions for a pro-climate and pro-growth energy transition.
Fuelling A Sustainable Future, Natural Gas Remains Significant
For decades, natural gas has played a key role in driving the nation’s socio-economic development where the rapid rise in GDP was in tandem with the growth of natural gas consumption
Accelerating Asia's energy transition at Future of Energy
Join more than 4,000 policy and topic leaders and explore the impact an increasing global need for alternative energy will have on the industry
Flattish Market But Watch For Interest in Energy Stocks
There may be some buying interests on Energy stocks today as OPEC decides to cut its output that saw the Brent crude price jumped to almost the US$96/barrel