Malaysian crude palm oil futures bounced off 3-month lows on Monday as India left import duties unchanged for vegetable oils, although sharply lower crude oil dented investor sentiment. For full story, click here
Continue reading "VegOils- Palm Off Lows as India Tax Unchanged"
Friday, July 3, 2009
The Asia-Pacific crude market surged on Friday after Indian Oil Corp bought a cargo of Kikeh crude for September loading, the first cargo of any Malaysian grades IOC has purchased via tender in four months. For full story, click here
Continue reading "Asia-Pacific Crude Up as IOC purchased Malaysian Kikeh"
Wednesday, June 3, 2009
Malaysia’s national oil company Petroliam Nasional Bhd., or Petronas, declared it has signed a production sharing agreement with an exploration unit of Exxon Mobil Corp. for the development of seven oil fields offshore peninsular Malaysia. For full story, click here
Tuesday, May 26, 2009
KNM Group Bhd, Malaysia’s leading publicly traded oil and gas services provider, declared there are signs demand is picking up after a crude-price rally triggered a revival of exploration projects. For full story, click here
Continue reading "KNM Group forecasted signs of contract pickup after crude rally"
Wednesday, August 6, 2008
The declining crude oil price has raised hopes that Malaysian Government may cut fuel prices sold at local pumps under a new market-driven pricing system to be in place next month. For full news, click here
Continue reading "Hope for Cheaper oil fuels in Malaysia"
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Monday, July 6, 2009