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Hibiscus to write off RM27mil due to commercially unviable well

Hibiscus to write off RM27mil due to commercially unviable well
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Malaysia , Kuala-lumpur , Sdn-bhd , Hibiscus-petroleum , Sabah-enhanced-oil-recovery-production-sharing-contract , Hibiscus-petroleum-bhd , South-furious-merah , South-furious-ungu , Near-field , Sabah-enhanced-oil-recovery-production-sharing , Bursa-malaysia ,

Uzma bags job for Hibiscus' PM3 oilfield

Uzma Bhd secured a five-year contract to supply chemicals and related services to Hibiscus Petroleum Bhd’s 35%-owned PM3 offshore oil fields.

Vietnam , Republic-of , Petaling , Malaysia-general- , Malaysia , Uzma-bhd , Carigali-sdn-bhd , Hibiscus-petroleum-bhd , Malaysian-energy-chemical-services-sdn-bhd , Petrovietnam-exploration-production-corp , Petronas , Hibiscus-oil-gas-malaysia

Hong Leong Investment Bank maintains 'overweight' stance on O&G industry | Daily Express Malaysia

PETALING JAYA: With the oil price expected to remain “higher-for-longer” at the range of US$80-US$90 (RM373.12 – RM419.76) per barrel in the medium term, the oil and gas (O&G) industry players can foresee a positive outlook for their operations, said Hong Leong Investment Bank (HLIB).

Israel , China , Petaling , Malaysia-general- , Malaysia , Hong-leong-investment-bank , Us-strategic-petroleum-reserve , Hibiscus-petroleum-bhd , Organisation-of-the-petroleum-exporting-countries-opec , Leong-investment-bank , Petroleum-exporting-countries

DNex's shares among most active on Rapid OIl Deal

KUALA LUMPUR: Dagang Nexchange Bhd (DNex) emerged as one of the most actively traded counters on Bursa Malaysia today after its wholly-owned subsidiary inked a Farm-in Agreement with Rapid Oil Production Ltd.

Kuala-lumpur , Malaysia , United-kingdom , Dagang-nexchange-bhd , Ping-petroleum , Hibiscus-petroleum-bhd , Anasuria-operating-company-ltd , Rapid-oil , Rapid-oil-production-ltd , Anasuria-hibiscus-united-kingdom-ltd , Hibiscus-petroleum , Ping-petroleum-united-kingdom

Hibiscus committed to providing top performance

Hibiscus Petroleum Bhd remains committed to providing top performance in an environment with high oil prices, supported by its strong position to expand on its operational track record already established in Malaysia and the United Kingdom.

United-kingdom , Petaling , Malaysia-general- , Malaysia , Kenneth-pereira , Hibiscus-petroleum-bhd , Hibiscus-oil-gas-malaysia-ltd , Hibiscus-petroleum , Bunga-orkid , Hibiscus-oil , Gas-malaysia-ltd , Corporate-news

Hibiscus Petroleum's 3Q net profit rises to RM71.51mil

KUALA LUMPUR: Hibiscus Petroleum Bhd’s net profit for the third quarter ended March 31, 2023 (3Q 2023), increased to RM71.51 million compared to the "normalised” net profit of RM35.1 million recorded in the same quarter last year.

Kuala-lumpur , Malaysia , Malaysian , Kenneth-pereira , Hibiscus-petroleum-bhd , Hibiscus-petroleum , Bursa-malaysia , Corporate-news , Dividend ,

Today's Oil and Gas Update: ATOME Energy, and more...

Today's Oil and Gas Update: ATOME Energy, and more...
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Netherlands , Russia , United-kingdom , London , City-of , Saudi-arabia , Malaysia , France , Dutch , French , Russian , Saudi

Crude oil at US$100/bbl on the horizon, good news for upstream players | Hellenic Shipping News Worldwide

Crude oil at US$100/bbl on the horizon, good news for upstream players | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Iraq , Russia , China , Malaysia , Saudi-arabia , Kuwait , United-arab-emirates , Joe-biden , Jeff-currie , Organization-of-the-petroleum-exporting-countries , Reuters , Us-strategic-petroleum-reserve

Bursa opens higher, tracking gains on Wall Street

Bursa Malaysia opened higher on Monday (April 3), tracking further gains on the Wall Street amid improving market sentiment. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 6.49 points to 1,429.08 from last Friday's closing of 1,422.59.

Kuala-lumpur , Malaysia , China , Malacca , Melaka , Sdn-bhd , Perdana-petroleum-bhd , Energy-index , Groupm-bhd , Financial-services-index , Services-index , Holdings-bhd

O&G sector still has upside on further capex spending by oil majors

BURSA Malaysia-listed oil and gas (O&G) companies have seen more activity and interest in the past half year than most sectors, buoyed by the reopening of China, elevated global crude oil prices and higher capital expenditure (capex) spending by oil majors, particularly Petroliam Nasional Bhd (Petronas). Even so, some analysts are of the view that there is still a lot of gas left in the tank for the sector as they say the recent activity only marks the start of an upcycle because average crude oil prices are projected to go higher in 2023.

China , Beijing , Bursa , Turkey , Malaysia , Dayang , Shaanxi , Malaysian , Petroliam-nasional-bhd-petronas , Megat-zariman-abdul-rahim , Uzma-bhd , Petronas