KUALA LUMPUR : Indonesia's energy minister said the country's state energy company Pertamina and Malaysia's Petroliam Nasional plan to jointly take over Shell's participating interest in Masela gas project.
Shell currently has 35 per cent of the share in the project. The two companies are conducting the negotiations for the deal and have to finalise the partnership scheme, minister Arifin Tasrif said.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vegetable farmers in Malaysia brace for lower crop yield as El Nino and haze loomsExtreme weather patterns due to climate change could lead to increase in prices of food items, Malaysia’s Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad told CNA.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Commentary: Transparent content moderation key to responsible political discourse in MalaysiaAs Malaysia heads into six state elections, it is imperative for social media platforms to step up their game in moderating harmful content, says an Institute of Strategic and International Studies researcher.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia looking to increase locations selling unsubsidised petrol in Johor, other states to foreignersForeigners are barred from purchasing unsubsidised petrol, a controlled item, in Malaysia. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Apologise for joke that objectified female student, Malaysia’s PM Anwar toldMuda's deputy president was referring to an interaction between Anwar and the student at a public forum. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Jokowi leaning towards endorsing populist party chairman for Indonesia president: AnalystsAnalysts say Mr Prabowo Subianto is committed to supporting the political career of Jokowi's family members. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Indonesia police probe drug regulators over cough syrupJAKARTA: Indonesia's police are conducting preliminary inquiries into whether any actions by officials at the country's drug regulator could amount to criminal wrongdoing, as they expand a probe into
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »