Petronas to pay five per cent cash to Terengganu on oil extraction
If no petroleum is found within Terengganu's three-nautical-mile territorial sea, Petronas is not obligated to make any cash payment.
Wed Jul 17 2024
Fed govt, Sabah each received around RM 23 bln in petroleum revenue since 1976 - PMO
The PMO said Petronas has consistently fulfilled all cash payment obligations from petroleum production.
Thu Jul 11 2024
Petrol, diesel prices remain unchanged for April 11-17 period
MoF said the prices were set based on the weekly retail prices of petroleum products using the Automatic Pricing Mechanism formula.
Wed Apr 10 2024
Govt plans to focus on non-tax revenue to increase national income - PM
Non-tax revenue consists mainly of licenses and permits, petroleum royalty, interest and returns on investment.
Tue Mar 26 2024
Petrol, diesel prices unchanged until March 27
MOF said the prices were fixed based on the weekly retail prices of petroleum products, under the Automatic Pricing Mechanism formula.
Wed Mar 20 2024
Prices of RON97, RON95 and Diesel unchanged until Jan 24
Finance Ministry said the prices were fixed based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism.
Wed Jan 17 2024
Prices of RON97, RON95 And diesel to remain unchanged until Jan 17
MOF said the prices were fixed based on the weekly retail price of petroleum products using the Automatic Pricing Mechanism formula.
Wed Jan 10 2024
Store used to misappropriate subsidised LPG raided in N.Sembilan
KPDN seized 177 filled and empty liquefied petroleum gas (LPG) cylinders in a raid at a store in Kampung Bemban, Mambau yesterday.
Mon Feb 06 2023
EU embargo for Russian oil products enters into effect
A ban on importing Russian petroleum products, like diesel or gasoline, to the European Union (EU) enters into effect on Sunday.
Sun Feb 05 2023
Sri Lanka approves law to liberalize petroleum imports
The ministry has already received 24 applications from multiple countries including India, China, Saudi Arabia, Russia, Malaysia and the US.
Wed Oct 19 2022
RON97 petrol down five sen, RON95 and diesel unchanged - MOF
It said the prices were set based on the weekly retail prices of petroleum products using the Automatic Pricing Mechanism formula.
Wed Sep 14 2022
Govt considers building port in Sanglang - Ismail Sabri
The government is studying the construction of an aggregate port in the Sanglang area in the Kubang Pasu district to handle petroleum cargo and bulk cargo that will add value to the Kedah economy.
Thu Sep 01 2022
RON97 up 11 sen to all-time high of RM4.83 per litre
The new price is based on the weekly retail prices of petroleum products in accordance with the Automatic Pricing Mechanism Formula.
Wed Jun 15 2022
RON97 petrol price up by 2 sen to RM4.72 per litre
The ministry said the new price is based on the weekly retail prices of petroleum products in accordance with the APM formula.
Wed Jun 08 2022
Govt to review petroleum products subsidy
Mohd Shahar said any subsidy mechanism would be reviewed and refined to ensure the subsidy could directly benefit the people.
Thu Mar 24 2022
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024