Newfield, Mitsubishi And Petronas Take Block In Malaysia

BASF Agreement Strengthens RAPID Refinery Momentum

Industry / Malaysia BMI View: The signing of a heads of agreement between German petrochemicals giant BASF and Malaysia's state-owned Petronas suggests the RAPID refinery project is gaining momentum. Despite growing downstream...

Petronas To Invest US$194.8mn In Uzbek Energy Sector

Companies / Malaysia Malaysian state-owned oil company Petronas plans to invest MYR700mn (US$194.8mn) in Uzbekistan's energy sector over the next three years, according to a report in the New Straits Times.

Total Expansion

Companies / Malaysia France's Total has signed a production sharing contract (PSC) for two offshore blocks in Malaysia with state-controlled Petronas.

Exxon And Petronas Renew Offshore PSC

Companies / Malaysia US major ExxonMobil and Malaysia's state-controlled Petronas have agreed to renew a production sharing contract (PSC) covering seven fields offshore Malaysia.

Qatar Backing For Malaysian Refinery Project

Companies / Malaysia A Qatar-backed oil and gas investment group known as Gulf Petroleum has agreed to build a MYR15bn (US$4.7bn) oil refinery and petrochemicals complex in Malaysia, according to reports in the New Straits...