Latest news with #PETRONAS-Petros
The Star
13-05-2025
- Business
- The Star
PETRONAS-Petros deal to be inked shortly, says Abang Jo
KUCHING: The Sarawak and Federal governments are set to sign an agreement on the issues involving PETRONAS and Petros, says Tan Sri Abang Johari Openg. The Sarawak Premier said this was expected to take place soon. "Just wait in the next two days, there will be a document on the agreement between me and the Prime Minister (Datuk Seri Anwar Ibrahim)," he told reporters after launching the International Construction Week Borneo conference here on Tuesday (May 13). ALSO READ: Federal Govt and Sarawak reach consensus on PETRONAS and Petros issues Abang Johari said the agreement would include recognising both Federal and state laws besides acknowledging Petros as the sole gas aggregator in Sarawak. "There will also be a commercial agreement which includes increasing our stake in LNG (liquefied natural gas)," he said. Abang Johari was asked to comment on his meeting with Anwar on Friday (May 9). In a statement, the Prime Minister's Office (PMO) said the Federal and Sarawak governments had reached a consensus on all issues involving PETRONAS and Petros through negotiations during the meeting, which included top officials from both petroleum companies. The statement also said Anwar and Abang Johari agreed to finalise issues based on previously agreed principles to facilitate negotiations between PETRONAS and Petros. ALSO READ: Sarawak to seek amiable solution on PETRONAS with federal govt, says Abang Johari This will ensure that any potential identified from a PETRONAS-Petros collaboration can be fully explored and implemented effectively, it said. Previously, PETRONAS confirmed that its subsidiary Petronas Carigali Sdn Bhd (PCSB) had received notices on April 30 from the Sarawak Utility and Telecommunication Ministry concerning gas processing and distribution. The national oil firm told Bernama that PCSB is statutorily authorised under the Petroleum Development Act 1974 to undertake the company's activities and comply with all applicable laws in doing so. The two firms, as well as the Federal and state governments, have been engaged in negotiations over Petros' role as Sarawak's gas aggregator.
The Star
09-05-2025
- Business
- The Star
Federal Govt and Sarawak reach consensus on PETRONAS and Petros issues
PETALING JAYA: The Federal Government and the Sarawak state government have reached a consensus on all issues involving PETRONAS and Petros through negotiations, according to the Prime Minister's Office (PMO). In a statement, the PMO said a meeting was held between Prime Minister Datuk Seri Anwar Ibrahim and Sarawak Premier Tan Sri Abang Tun Openg on Friday (May 9), along with top officials of the two petroleum companies. During the meeting, the two leaders agreed to finalise issues based on previously agreed principles. "This will facilitate negotiations between PETRONAS and Petros," the statement said. This move is crucial to ensure the potential identified from PETRONAS-Petros collaboration can be fully explored and implemented effectively. These include expediting the supply of energy commercially to Asean countries, the PMO added. On May 4, the Prime Minister urged all parties to postpone any actions or statements regarding the issue of PETRONAS and Petros in the interest of mutual understanding. It was reported that PETRONAS confirmed its subsidiary, Petronas Carigali Sdn Bhd, had received notices on April 30 from the Sarawak Utility and Telecommunication Ministry concerning gas processing and distribution. The national oil firm told Bernama that PCSB is statutorily authorised under the Petroleum Development Act 1974 to undertake the company's activities and comply with all applicable laws in doing so. The two firms, as well as the federal and state government, have been engaged in negotiations over Petros' role as Sarawak's gas aggregator.
The Star
04-05-2025
- Business
- The Star
Asean News Headlines at 10pm on Sunday (May 4, 2025)
Malaysia: * Anwar urges postponement of actions or statements on the PETRONAS-Petros issue * Pamela Ling's disappearance: No ransom demand reported, says cops * Kosovo President Osmani concludes four-day visit to Malaysia * Customs Dept seizes drugs worth over RM500,000 from abandoned car * More people evacuated due to floods in Sabah * Business owner duped in RM1.8mil online investment scam * Home Minister flags alarming rise in drug-related offences in Kelantan * Over 2,400 former GISB members join MAIS rehab programme * Agriculture ministry to boost supply of cheaper special grade eggs * Melaka JPJ vows stern action against illegal micromobility vehicle use on public roads * Bursa Malaysia likely to trend higher from Monday (May 5) supported by improving economic sentiments * Ringgit to trade within the 4.30-4.35 range and remain cautious this week ahead of Malaysia, US policy moves, says economist * Compliance with medicine price display order satisfactory, says Dzulkefly * Three key ministries lead new Malaysia-Thailand border bridge project, says Saifuddin * Sarawak to seek amiable solution on PETRONAS with federal govt, says Abang Johari Lawrence Wong, Singapore's prime minister and secretary general of the People's Action Party (PAP), second right, waves to the crowd at an election night event in Singapore, early on Sunday, May 4, 2025. Singapore's ruling party was on track to secure a convincing victory in Saturday's election as voters worried about rising costs and a worsening global economic climate rallied behind incumbent Wong in his first electoral test since taking office a year ago. -- Photographer: Ore Huiying/Bloomberg Singapore: * Ahmad Zahid congratulates Singapore PM Wong on election victory * Anwar congratulates PM Wong on Singapore election victory * Singapore GE2025: World leaders congratulate PM Wong, PAP on election victory * Singapore GE2025: Ruling party PAP gets 65.57 per cent of votes in landslide win * Singapore GE2025: Unwavering, steady messaging pays off for PM Wong and PAP * Singapore GE2025: Ruling party PAP gets 65.57 per cent of votes in landslide win * Singapore GE2025: After poor showing, PSP vows to regroup, but can it reinvent itself to be relevant? * Singapore GE2025: WP holds its place amid national swing against opposition * Election victory parades kick off across Singapore * Driver, 76, unconscious after car crashes into wall at polling station at Singapore school Indonesia: * Anwar holds talks with Prabowo, discusses strengthening multifaceted cooperation * Indonesian search team recovers Malaysian who fell on Rinjani trail * Body of Malaysian who fell while climbing Indonesia's Mt Rinjani still on mountain * Tremors felt in Sabah after strong 6.1-magnitude quake in Sulawesi * Gibran grapples with shrinking influence six months into vice presidency * Indonesian businesses fear new layoff task force could lead to criminalisation * Counterfeit Manolos and Birkins put Jakarta in crosshairs of US trade office A fan in an Indonesian-style Mandalorian costume poses after a fan event celebrating Star Wars Day, a date chosen as a pun on the iconic sci-fi movie series - line, May the Force be with you, in Jakarta on Sundaym May 4, 2025. -- Photo by YASUYOSHI CHIBA / AFP Thailand: * Gov't plans direct KL-Bangkok cargo rail service to boost Asean trade * Over 200 illegal bases along Sungai Golok border shut down * Thai PM insists on legalising casinos to boost economy despite social concerns * Search nears end with eight still missing in collapsed Bangkok building * Thai Customs seizes over 400 shark fins smuggled through Suvarnabhumi Airport * Thai govt calls for calm after first anthrax death in decades / Malaysians praise new Thai digital entry card Philippines: * Japan and China accuse each other of airspace 'violation' near disputed islands * Four-year-old girl among two dead in Manila airport car crash: Red Cross * Philippine bishops defend papal frontrunner Tagle over clerical sex abuse * Five-year-old girl among two dead in Manila airport car crash Williams driver Alexander Albon of Thailand steers his car during the qualifying session for the Formula One Miami Grand Prix auto race, Saturday, May 3, 2025, in Miami Gardens, Fla. -- AP Photo/Rebecca Blackwell Vietnam: * Vietnam detains South Korean national wanted by Interpol * Vietnam protests China and Philippines activities in disputed waters at South China Sea * Sri Lanka president begins state visit to Vietnam * US solar tariffs could drive Asia transition boom Myanmar: * Around 80 per cent of post-quake building clearance in Mandalay completed * Myanmar's famed Shwedagon Pagoda attracts over 2.5 million visitors in first four months of 2025 * UN: Over 200 killed in at least 243 post-quake attacks Filipino Cardinals Luis Antonio Tagle, Jose Advincula, and Pablo Virgilio David attend Sunday Mass at the Pontificio Collegio Filippino ahead of the Conclave and the election of the new pope, which will start on May 7, in Rome, Italy, on Sunday, May 4, 2025. -- Photo: REUTERS/Eloisa Lopez Cambodia: * Global factories struggle to overcome Trump tariffs and future outlook uncertainty * Cambodia urges businesses to take part in China-Asean Expo in Nanning * Experts laud Cambodia-China relations in new era Laos: * Laos seeks solutions to address new United States tariff hikes * Laos and WHO in partnership to eliminate snail fever among children Brunei: * MoU expands Brunei, Iran economic cooperation * Brunei tourism highlighted at Arab travel fair China's Liu Shengshu and Tan Ning celebrate with teammates after defeating South Korea's Baek Ha-na and Lee So-hee in the women's doubles badminton final match at the BWF Sudirman Cup, in Xiamen in southeastern China's Fujian province, Sunday, May 4, 2025. -- AP Photo AseanPlus: * Malaysian Cops raid job scam syndicate, 12 Chinese nationals arrested * 'I love Malaysia': Korean actress Song Ji-hyo says she visits Malaysia often for work and pleasure * Malaysian Govt yet to decide on WFH, online classes proposal during Asean Summit, says Fahmi * Give early notice if planning home-based learning, teaching during Asean Summits, urges education group * Azeem aids Auburn University to sprint team gold in US meet * Two workers die after inhaling toxic gas at factory * China's Xi Jinping to make state visit to Russia May 7-10, says Kremlin * World leaders congratulate Albanese, pledge stronger ties with Australia * New Zealand to replace navy helicopters over 'global tensions' * Pakistan test fires ballistic missile as tensions with India spike after Kashmir gun massacre * Chinese prankster locks colleague in freezer room, smirking as woman pleads for help * US is urged to mine seabeds for critical minerals in counter to China * Australia's reelected government says US-China tussle to be top priority * Left-leaning PM Albanese triumphs in Australian election and gets a second 3-year term * Six crushed to death in temple stampede in the nation's coastal state of Goa * North Korea's Kim visits tank factory, touts progress in Korean-style tanks * India bans imports from Pakistan amid tension over tourist killings * China's Shenzhou-19 astronauts return home after forced landing site switch * Motor racing-New dad Verstappen beats Norris to Miami pole * China passes private sector law, addressing gripes of beleaguered businesses * Hongkongers urged not to slam acupuncture treatment after 'flesh-eating' infection * Disabled Chinese boy wows audiences with street dancing, dreams of performing at Asian Games * Police arrest man for posting 'Glory to Hong Kong' song, other seditious content online * Editorial: Violence and resilience in Kashmir / India-Pakistan tension: Disturbing escalation * Trump's tariff fight with Xi reveals China's great divide * Beefing up defence ties with Asean neighbours * Two boats capsized in China's southwest after sudden storm, leaving 20 missing * Indian superstar Ajith back in the groove with 'Good, Bad, Ugly' as Malaysian fans celebrate his success and birthday in grand style * Swimming-American Ledecky breaks own 800m freestyle world record * Hosts China down South Korea to clinch record-extending 14th Sudirman Cup title
The Star
04-05-2025
- Politics
- The Star
Anwar urges postponement of actions or statements on the PETRONAS-Petros issue
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today urged all parties to postpone any actions or statements regarding the issue of Petroliam Nasional Bhd (PETRONAS) and Petroleum Sarawak Bhd (Petros), in the interest of mutual understanding. Anwar said the Federal Government and the Sarawak State Government would hold further discussions to finalise the PETRONAS-Petros arrangement upon Sarawak Premier Tan Sri Abang Johari Tun Openg's return from his official visit to London, United Kingdom. ALSO READ: PETRONAS acknowledges Sarawak's April 30 notices on gas activities "I had the opportunity to speak with the Sarawak Premier yesterday (May 3) regarding the Petronas-Petros matter, based on the previously agreed upon principles. "I strongly believe that this issue can be resolved wisely by staying committed to a path of healthy and meaningful dialogue," he said in a post on his official Facebook account on Sunday (May 4). – Bernama
