Malaysia

US major ExxonMobil and Malaysia's state-controlled Petronas have agreed to renew a production sharing contract (PSC) covering seven fields offshore 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... 2008-02-19

UK gas storage company Star Energy has agreed to be acquired by Malaysia's state-controlled Petronas, following the board's acceptance of an improved offer on December 19.

After three years of high level negotiations, Malaysia and Brunei are reported to be nearing a maritime boundary agreement, covering the area west of Borneo island. Although the countries... 2007-08-16

Japan's Nippon Oil Corporation has announced the discovery of gas and condensate reserves from a deep offshore well in the Layang field in Malaysia. The company plans to begin production... 2007-08-10

Royal Dutch Shell has been active in Malaysia since the 1890s and the country remains an important market for the company, even though Malaysia is no longer viewed as an exploration... 2007-07-04

Malaysian engineering and energy company Ranhill Bhd has found up to 350mn barrels (bbl) of oil in its Citarum block located offshore Indonesia's West Java according to The Star... 2007-06-18

India's third largest state-run refiner Bharat Petroleum Corporation (BPCL) has announced that it will cut crude oil imports from Malaysia's state-owned Petroliam Nasional Berhad... 2007-06-12

Malaysian state-owned Petronas has announced plans to build a processing plant to extract gas from an oil field in Turkmenistan. According to the company, the plant is estimated... 2007-06-07

The recent World Islamic Economic Forum in Kuala Lumpur has seen progress on the planned 300km pipeline across northern Malaysia that would provide an alternative route for oil tankers... 2007-05-29