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
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024