Malaysia

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…

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…

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).

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.

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.

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.