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Malaysia find biggest ever for PTTEP

SET-listed oil and gas explorer PTT Exploration and Production Plc has made a gas discovery off the shore of Sarawak in Malaysia, marking PTTEP’s biggest find ever. Through wholly owned subsidiary PTTEP HK Offshore Ltd (PTTEP HKO), the company found the gas at Lang Lebah-1RDR2, the first exploratory well in the Sarawak SK410B project. The […]

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Malaysia: Cost of Living Index to complement CPI

PUTRAJAYA: The government is currently designing a Cost of Living Index to complement the existing Consumer Price Index (CPI), said Finance Minister Lim Guan Eng. Unlike the CPI, which tracks the general change in consumer prices, the new index would  determine the minimum living cost required for a person to live comfortably, he said. “It […]

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Malaysia Airlines, Singapore Airlines to explore wide-ranging partnership

SINGAPORE: Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday. The cooperation between the airlines, which split out from Malaysia-Singapore Airlines in 1972, comes amid financial trouble at Malaysia Airlines. The […]

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Malaysia closer to opening up natural gas market

KUALA LUMPUR: Malaysia is moving closer towards opening up its natural gas market to spur competition and demand. Petroliam Nasional Bhd (Petronas) executive vice-president and CEO for gas and new energy Adif Zulkifli said Malaysia was just one price review away from achieving market-based gas pricing this year. “If this happens, it would truly be […]

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