Malaysian energy giant Petronas reported a rise in its liquefied natural gas (LNG) sales in the first quarter, while its profit decreased by 11 percent compared to the year before. The company’s LNG sales rose […]
Malaysia’s LNG shipper MISC, a unit of Petronas, said its LNG business logged a rise in both revenue and operating profit in the July-September period. The shipping firm said its gas assets and solution business, […]
Yinson Holdings Bhd., a Malaysian firm making vessels for offshore oil and gas production, expects to deliver close to $1 billion in core earnings as soon as 2025 amid strong demand, its top executive said. […]
The EU pledged to become climate neutral by 2050. In July 2022, the European Commission passed legislation to accelerate decarbonization that labels gas and nuclear energy “as environmentally sustainable”. The Commission says private investments are needed in gas and […]
Malaysia remained without a government as King Al-Sultan Abdullah said he needed more time to choose the next prime minister, after the two main coalitions failed to win a simple majority in general elections at […]
Publicly traded shipowners have said for months that the transport of sanctioned cargoes from Iran and Venezuela has weakened the tanker market and helped drive earnings to the lowest in years. For much of 2021, […]
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