Malaysia

Freeport LNG Signals Return of Production at All Three Trains

Freeport LNG Signals Return of Production at All Three Trains

Freeport LNG has confirmed that all three trains at the Texas export facility are back online after months of maintenance that limited natural gas flows to the facility. Since earlier in the month, the market has been tracking an uptick in feed gas volumes to Freeport that could indicate a restart of production at the…

May 15, 2024
Petronas Identified Cause of Power Outage at Malaysia LNG 

Petronas Identified Cause of Power Outage at Malaysia LNG 

Petronas is working to restore operations at its massive Bintulu LNG complex in Malaysia after a power outage late last week.  The company said in a statement it is working to startup the facility after it identified the cause of the power loss, which it said occurred late on May 10. No timeline was given…

May 15, 2024
Malaysia Starts Work on Third FLNG Facility to Utilize More Stranded Natural Gas

Malaysia Starts Work on Third FLNG Facility to Utilize More Stranded Natural Gas

State-owned Petronas has started construction on Malaysia’s third floating LNG (FLNG) facility to better help it capitalize on stranded natural gas assets amid failing production from other fields.  The design and construction of the nearshore facility “is expected to be simpler, and upon completion, has the potential for improved production uptime as it will be…

April 12, 2024
Petronas Declares Force Majeure at Malaysia LNG, Further Squeezing Global LNG Market

Petronas Declares Force Majeure at Malaysia LNG, Further Squeezing Global LNG Market

Petroliam Nasional Berhad, aka Petronas, has declared force majeure on supplies from its Malaysia LNG (MLNG) facility due to a pipeline leak, which could add more pressure on Asian and European liquefied natural gas buyers looking to cover before the winter season.   “It’s expected that the leak at the Sabah-Sarawak gas pipeline that supplies the…

October 7, 2022
Malaysian State of Sabah and Petronas Outline Plans for New LNG Terminal

Malaysian State of Sabah and Petronas Outline Plans for New LNG Terminal

A 2 million metric tons/year (mmty) liquefied natural gas (LNG) terminal in the Malaysian state of Sabah was announced Tuesday (Jan. 4) with the launch of a masterplan by the country’s state-owned Petroliam Nasional Berhad, aka Petronas, and the state government. The new facility planned for the Sipitang Oil and Gas Industrial Park is a…

January 5, 2022

Petronas, Indian Oil Said to Be in Montney Shale Talks

Malaysia national oil and gas company Petronas (Petroliam Nasional Berhad) is in negotiations to sell a 10% stake in Canadian shale properties it acquired last year to the state-owned Indian Oil Corp. Ltd. (IOC).

July 11, 2013

Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Exploration Co. is considering the sale of its international assets, which consist of offshore oil and natural gas developments in Malaysia and China, the company said.

February 18, 2013
Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Narrowing Focus to U.S. Unconventional Liquids

Newfield Exploration Co. is considering the sale of its international assets, which consist of offshore oil and natural gas developments in Malaysia and China, the company said.

February 15, 2013

Petronas Joins Quest for BC’s Shale Gas — and LNG

With an opportunity to develop liquefied natural gas (LNG) export capacity on the table, Malaysia’s national oil company last week agreed to pay C$1.07 billion to acquire a stake in British Columbia’s Montney Shale.

June 6, 2011