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Overview
Financial Highlight
HeadlinesBusiness Background Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia’s nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company’s total revenue, its Gas Processing and Gas Transportation units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
 Be the first to like this.   bc8660 Loos like EPF quite comfortable with current price and continue to accumulating more shares. 21/02/2018 3:23 PM ATARAH Petronas hits oil in West Africa Monday, 5 Mar 2018 2:56 PM MYT KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) subsidiary, PC Gabon Upstream S.A. (PCGUSA) has discovered new oil and gas from its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon. In a statement Monday, Petronas said the ultra-deepwater exploration well, drilled in water depths of 2,800 metres, encountered 90 metres of gross high quality hydrocarbon-bearing pre-salt sands. The discovery marks a significant milestone for Petronas as it expands upstream growth in West Africa, demonstrating its frontier exploration and deepwater operational capabilities. “The discovery in Gabon is an encouraging development for Petronas, as we continue to pursue growth activities beyond Malaysia, in line with the strategy to expand our core oil and gas business by growing our resource base,” Petronas executive vice president & upstream CEO, Datuk Mohd Anuar Taib said in the statement. “Aside from boosting Gabon’s oil and gas industry, this discovery will also spur further growth activities in the region, and complements our achievements towards building a significant deepwater portfolio globally,” he added. Petronas, together with the Ministry of Petroleum & Hydrocarbons, Gabon, will conduct an assessment to further determine the commerciality of the resource volume. PCGUSA is the operator for Block F14 (Likuale), with Australia’s Woodside holding a 30% participating interest. To-date, Petronas’ deepwater portfolio includes partnerships in the Gumusut-Kakap, Malikai and Kikeh deepwater fields located offshore Sabah. Additionally, there are two new upcoming deepwater development projects in the portfolio – the Limbayong field in Sabah and the Kelidang Cluster in Brunei. 05/03/2018 3:45 PM ATARAH petronas and petronas call warrant will fly today ? Dow Jones up + 336 point and oil price up. dont miss the boat Yesterday news Petronas hits oil in West Africa Monday, 5 Mar 2018 06/03/2018 8:18 AM masterus Oil price crosses $70 amid Iran deal tensions 24 MARCH 2018 Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal. Crude oil prices posted their biggest weekly gain in eight months with rising geopolitical risk in the Middle East threatening security supply once again. International benchmark Brent crude gained 6.6 percent this week, briefly reaching $70.58 a barrel on Friday. American benchmark West Texas Intermediate (WTI) rose 5.7 percent this week and climbed as high as $66 a barrel. While both benchmarks reached Friday their highest level since January 29, they also posted their best weekly gains since the last week of July 2017. 25/03/2018 3:12 PM masterus China Prepares Death Blow To The Dollar By ZeroHedge - Mar 24, 2018, 12:00 PM CDT China Dollar On March 26 China will finally launch a yuan-dominated oil futures contract. Over the last decade there have been a number of “false-starts,” but this time the contract has gotten approval from China’s State Council. With that approval, the “petroyuan” will become real and China will set out to challenge the “petrodollar” for dominance. Adam Levinson, managing partner and chief investment officer at hedge fund manager Graticule Asset Management Asia (GAMA), already warned last year that China launching a yuan-denominated oil futures contract will shock those investors who have not been paying attention. This could be a death blow for an already weakening U.S. dollar, and the rise of the yuan as the dominant world currency. But this isn’t just some slow, news day “fad” that will fizzle in a few days. 25/03/2018 11:33 PM RedEagle Saudi Arabia Secretly Targeting $80 Oil By Tsvetana Paraskova - Apr 10, 2018, 9:30 AM CDT Tadawul Saudi Arabia is likely targeting oil prices at $80 a barrel to boost the valuation of its oil giant Aramco ahead of its much-hyped IPO and to help finance increasingly ambitious domestic policy plans, Bloomberg reported on Tuesday, citing people who have spoken to Saudi officials. Although Saudi officials have been careful not to point to a specific oil price target in private discussions over the past month, “the inescapable conclusion from the conversations was that Riyadh is aiming for $80,” according to the people who spoke to Bloomberg on the condition of anonymity. A couple of months ago, Saudi Arabia was reportedly targeting oil at $70, but that was before Riyadh admitted that Aramco’s initial public offering could take place in 2019, instead of in the second half of 2018, as it has been planned for years. In an interview with Time magazine last week, Saudi Crown Prince Mohammed bin Salman—the proponent of the Saudi economic overhaul to diversify from oil—for the first time linked oil prices with the Aramco IPO. Asked about the delayed listing, the Crown Prince said: “We do not delay it. We said we will be ready to IPO around 2018. And we are ready. We did all the laws. We did all the steps that are making us ready to IPO it. Now it’s a matter of choosing the right time. So we believe oil prices will get higher in this year and also get higher in 2019, so we are trying to pick the right time. But we are ready to IPO it now if the time is right.” Related: Russia Wants To Drop Dollar For Oil Payments Saudi Energy Minister Khalid al-Falih has also recently signaled that the Kingdom would rather overtighten the market instead of leaving the job of erasing the glut undone. In February al-Falih said that “If we have to err on over-balancing the market a little bit, so be it.” According to Bloomberg’s sources, however, the Saudi ambitions for oil at $80 is not shared by all OPEC members, because some of them are worried—privately—that the Saudis are targeting too high an oil price that could further boost U.S. shale production. By Tsvetana Paraskova for Oilprice.com 10/04/2018 11:40 PM relaks Dunno post where this news.. Petronas vs Sarawak gomen https://www.thestar.com.my/news/nation/2018/06/04/sarawak-govt-to-defend-states-right-following-suit-by-petronas/ 05/06/2018 1:31 AM relaks If Petronas menang, kaya lah negara! $$$$$$$$$ Boleh bayar hutang RM1T dengan no problem! 05/06/2018 1:33 AM relaks https://www.nst.com.my/business/2018/06/376489/petronas-federal-court-define-our-rights-under-pda-1974 05/06/2018 1:43 AM ivan9511 shit, two months no see my Pgas already up so much ok Keep growing the very first time why I choose you becaUSE when I bot in Petgas is the most cheap Pgas amony other petronas , I comment buy long long long time ago one of my buy call as belwo : 08/01/2018 15:49 ivan9511 when 15 already ask to buy a lot now 20 this one limit up not suprise me because the cheapest price of petronas limit up is sure now 08/01/2018 15:49 31/07/2018 1:47 PM masterus prices jumping toward $100 a barrel this year China initially rejected a U.S. request to choke off the flow of petrodollars to the Islamic republic but, amid intense pressure from the Trump administration, the Asian giant is now reportedly taking steps to comply. OPEC kingpin Saudi Arabia is thought to be unable to fully offset global supply disruptions over the coming months. And "this essentially leaves the world's only swing producer powerless to prevent a supply shock and subsequent price spike in the final quarter of this year," Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note published Monday. 02/10/2018 7:58 AM Fiona35 Price- 18.28 Target: 18.75 Stop loss 17.75 RSI(14) Neutral 48.1 Stochastic(14) Neutral 74.2 Average Volume 8 M Relative Volume 0.5 Whatsap at ( + 60 1157 96 8095 ) Join group For daily stock updates , recommendation with Entry & Exit details and TA / FA 31/10/2018 6:00 PM masterus WORLD BUSINESS & ECONOMY U.S. natural gas prices surge on cold weather forecast ShareFacebookTwitterWhatsAppGoogle+ 15 hrs61 views0 comments U.S. natural gas prices have jumped to their highest in nine months as forecast cold weather across much of the country has renewed traders concerns of the risks posed by low gas inventories going into winter. 08/11/2018 6:34 PM masterus Natural gas prices surge on surprise forecast for cold weather across US Tom DiChristopher | @tdichristopher Published 3:55 PM ET Tue, 6 Nov 2018 CNBC.com Natural gas prices are surging after a big change to weather forecasts. Colder-than-normal temperatures are expected to grip much of the United States in the coming days. The forecast comes on the heels of a two-month rally in natural gas prices because of low U.S. stockpiles of the fuel. 08/11/2018 6:36 PM masterus Oil prices rose by about one percent on Monday after top exporter Saudi Arabia announced a cut in supply for December, seen as a measure to halt a market slump that had seen crude decline by 20 percent since early October. International benchmark Brent crude oil futures LCOc1 were at $71.11 per barrel at 0051 GMT, up 93 cents, or 1.3 percent from their last close. 12/11/2018 12:56 PM masterus Moneycontrol.com Natural gas prices rise above $4 per MMBTU as seasonal demand approaches Gas production has hit a record high in US but the rapid rise in exports has consumed a large part of the additional gas production Moneycontrol News @moneycontrolcom 18/11/2018 11:01 AM carry still a bit overpriced for me... I would prefer to buy in at a cheaper price... 09/01/2019 11:25 PM  James Ng https://klse.i3investor.com/blogs/general/189837.jsp [转贴] [Facebook live:浅谈Petronas gas bhd (PetGas)] - James的股票投资James Share Investing 12/01/2019 11:27 AM LouiseS PETGAS last five years EPS increase around 15.8%, the PE ratio slightly high around 18, ROE is 15.2%, and dividend yield 3.88%. https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_25.html 26/01/2019 12:57 PM  calvintaneng PETRONAS IS TOP 26 IN PANTECH SEE PANTECH OR ALL-TECHNOLOGY STOCK IN THE OIL AND GAS SUPER BOOM TIME, CALVIN TAN RESEARCH https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/194309.jsp 21/02/2019 3:14 AM masterus Oil Expected to Average $76+ For the Rest of 2019 by Andreas Exarheas|Rigzone Staff|Wednesday, April 10, 2019 Oil Expected to Average $76+ For the Rest of 2019 Analysts at Fitch Solutions Macro Research are sticking to their forecast for Brent crude to average $73 per barrel this year. Analysts at Fitch Solutions Macro Research (FSMR) are sticking to their forecast for Brent crude to average $73 per barrel this year, a new report by the company has revealed. “The market fundamentals have grown increasingly supportive, led by cutbacks on the supply side, but lingering concerns over the health of the global economy continue to drag on both sentiment and prices,” the analysts stated in the report, which was sent to Rigzone. “Given price performance in the year to date, our forecast assumes an average of $76.2 per barrel for the rest of the year, which is strongly bullish compared to spot,” the analysts added. 11/04/2019 9:42 AM DickyMe https://www.msn.com/en-my/news/national/massive-blast-reported-at-pengerangs-rapid-oil-and-gas-facility-video/ar-BBVR1JN?ocid=spartandhp Arson?? 12/04/2019 9:42 AM masterus Brent now $71.95 per barrel but O & G counter still no movement. Klse index also no upwarding. 17/04/2019 12:09 PM gsi723 brent or crude not much relation with Petgas... in fact, natural gas price also no direct correlation... ? 27/04/2019 1:46 PM James Ng https://klse.i3investor.com/blogs/general/206053.jsp [转贴] [Facebook live:浅谈Petronas Gas bhd (PetGas)] - James的股票投资James Share Investing 12/05/2019 9:22 PM mr yong MALAYsia oil and gas company all HUGE DEBT ,Crude oil price low oil n gas sector DIE ，biggest exporter EURO don't want PALM OILplantation sector DIE ,IMDB HUGE debt,Tabung HAJI billion billion losses ,household DEBT 80% GDP MALAYsia people NO MORE purchasing power BANk and PROperty sector will going SlowDOWNn ,GOVT DEBT nearly 1 TRILLION GOVT no more MONEY do Infrastructure CONstuction sector DIE .OIL and PALM OIL contribution GDP 40% ,MALAYsia deficit,malaysia GOVT selling asset HK property selling TELCO asset to FOREIGN company,SOVEREIGN fund khazanah selling stock ,EPF selling stock,FOREIGN FUND selling malaysia BONDS ,Economy RECESSION..MALAYSIA CRISIS induced ASIAN FINANCIAL CRISIS 2019. 13/05/2019 2:46 PM |
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