Malaysia launches 10-year blueprint to revive oil and gas sector
KUALA LUMPUR - Malaysia is seeking to rescue its ailing oil and gas ecosystem with an ambitious 10-year plan after fuel prices were battered last year by the Covid-19 pandemic.…
1MBD Scandal: Goldman to pay Malaysia $3.9 Billion
KUALA LUMPUR/NEW YORK (Reuters) - Goldman Sachs will pay $3.9 billion to settle Malaysia’s criminal probe over the U.S. investment bank’s role in the multibillion-dollar 1MDB scandal, closing a key…
Malaysian contractor snaps up two offshore deals
The first contract was awarded to Tanjung Offshore Services by Carigali Hess Operating Company for the provision of onshore fabrication, offshore hook-up, and commissioning for infill flowlines. T7 Global said…
China Backs Down, Pulls Survey Vessel From Malaysian Waters
After a month of tensions in Malaysia’s exclusive economic zone in the South China Sea, a Chinese survey vessel has left Malaysian waters, Reuters reported on Friday, quoting data from Marine Traffic. In…
Malaysian PM Muhyiddin Yassin delays no-confidence vote citing virus battle, Mahathir cries foul
KUALA LUMPUR (REUTERS, THE STAR/ASIA NEWS NETWORK) - Malaysian Prime Minister Muhyiddin Yassin will not face a confidence vote on May 18 as earlier scheduled, the Speaker of Parliament said on Wednesday…
Malaysian oil exploration vessel leaves South China Sea waters after standoff
KUALA LUMPUR (Reuters) - An oil exploration vessel contracted by Malaysian state energy company Petronas that was involved in a standoff with a Chinese survey vessel in the South China…
PM Muhyiddin: Malaysia’s movement control order to be extended further until Jun 9
KUALA LUMPUR: Malaysia’s movement control order (MCO) will be extended for a further month until Jun 9, the fourth extension since it was enforced on Mar 18, Prime Minister Muhyiddin Yassin…
Malaysia could face second wave of Covid-19 infections after lifting restrictions
KUALA LUMPUR, May 7 — The recent announcement by the Malaysian government to rapidly relax the restrictions with the nationwide movement control order (MCO) has invited cautionary advice from Energesse,…
Covid-19: PM shares Malaysia’s six-pronged strategy at NAM online summit
PETALING JAYA: The government has put in place a six-step plan to address the impact of Covid-19 and ensure that the country emerges stronger from the ravages of the virus,…
China And Malaysia Clash In Highly Disputed South China Sea
Tensions are rising in the disputed South China Sea, where a Chinese survey vessel has been tagging an exploration ship which Malaysia’s state oil firm Petronas is operating in the…