Place O&G revenue in sovereign fund for future
KUCHING: Seventy-five percent of the state’s oil and gas revenue obtained from onshore oil and gas exploration through Petroleum Sarawak Berhad (Petros) should be kept in a sovereign fund, opined political pundit Datuk Peter Minos. He said the remaining 25 percent should be put into current spendings for development in addition to the interests and […]
State government to strengthen Petros’ role
THE Sarawak government will further strengthen the role of Petroleum Sarawak Berhad (Petros) in spearheading the state’s involvement in the oil and gas industry, especially in the downstream sectors. Chief Minister Datuk Patinggi Abang Johari Tun Openg said this as the state is enforcing its constitutional authority over the distribution of gas through the Distribution […]
Shell desk reflects confidence in state government
KOTA SAMARAHAN: A Shell desk under the Chief Minister’s Office will be established to facilitate Shell Malaysia’s decision to move its operations office to Miri, drawing in its staff members from Kuala Lumpur and Kota Kinabalu. Chief Minister Datuk Patinggi Abang Johari Tun Openg said the desk would accommodate matters such as immigration processes and […]
Onshore oil and gas exploration long time coming
KUCHING: Deputy Chief Minster Tan Sri James Jemut Masing has described Sarawak’s move to embark on onshore oil and gas exploration as “a long time coming”. He said the presentation of oil mining leases to Sarawak’s own oil and gas company, Petroleum Sarawak Berhad (Petros), should have been done a long time ago, but nonetheless, […]
Control over oil and gas resources vital for state
KUCHING: Sarawak’s complete control over its onshore oil and gas resources is of paramount importance to the state’s future, said Parti Pesaka Bumiputera Bersatu (PBB) Youth deputy chief Miro Simuh. The issuance of mining leases to Sarawak’s own oil and gas company, Petroleum Sarawak Berhad (Petros) would not only benefit the state but also provide […]
Mining leases means more jobs, revenue
MIRI: The issuance of oil mining leases to Petroleum Sarawak Berhad (Petros) reflects the seriousness and commitment of the state government to regulate the industry to protect the interest of Sarawakians. “It also showed that the state government is committed to fulfilling its promises to the people,” Assistant Minister for Women Family and Childhood Development […]
Taking over onshore oil, gas activities
BY SARAH HAFIZAH CHANDRA KUCHING: Petroleum Sarawak Berhad (Petros) is taking over the stewardship of Sarawak onshore oil and gas said its chairman Tan Sri Hamid Bugo. “I am happy to announce that Petros will be the steward of Sarawak’s onshore oil and gas activities. “We have revisited our purpose which is to harness our […]
Stations to offer competitive prices for hydrogen fuel
KUCHING: The Multi-Fuel Refuelling Stations, to be built in the state, will offer competitive prices for hydrogen fuel. Chief Minister Datuk Patinggi Abang Johari Tun Openg, in revealing this, said he believed the retail price of hydrogen fuel would be cheaper in the future. “Hydrogen will be cheaper over time, just like our mobile phones […]
Pioneer 3-in-1 refuelling station by 2021
KUCHING: The first three-in-one multi-fuel refuelling station in the country located at Darul Hana, here is expected to be operational by 2021. According to Chief Minister Datuk Patinggi Abang Johari Tun Openg, the building of the Petros refuelling station is part of the state government’s approach to introduce the use of the environmentally friendly hydrogen […]
Coming soon: Six multi-fuel refuelling stations
KUCHING: There are plans to build six multi-fuel refuelling stations in Sarawak soon — two for Kuching and one each for Sri Aman, Sibu, Bintulu and Miri. Each station will offer conventional fuels plus electric charging facility for battery electric vehicle (BEV) and hydrogen gas for hydrogen fuel cell electric vehicle (FCEV) under the brand […]
