Sabah to emulate Sarawak in controlling oil and gas laws

November 20, 2018

Dateline 2018-09-10, FMT:

Sabah will look into bolstering laws involving exploration of oil and gas and mining activities in the state, following in the footsteps of its neighbour Sarawak which tightened controls over such matters in July.

Chief Minister Shafie Apdal said he would request the state attorney-general (AG) to look into the matter.

“We are looking into it but I was made to understand by the former AG that we do have that mineral enactment in Sabah. I will ask the (current) AG to look into the details, whether there’s any loopholes in that.

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Aramco plans to ship first crude oil to Malaysia JV refinery in Oct

November 19, 2018

Did they ship?

Dateline 2018-09-04, Nasdaq:

Saudi Aramco plans to deliver the first crude oil cargo to its joint-refinery project with Petronas in Malaysia in October as the companies prepare for trial runs at the new plant, several sources with knowledge of the matter said on Tuesday.

The project, Refinery and Petrochemical Integrated Development (RAPID), is a $27 billion complex located between the Malacca Strait and the South China Sea, conduits for Middle East oil and gas bound for China, Japan and South Korea.

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Hard work pays off for Petronas education sponsorship recipient

November 18, 2018

Dateline 2018-09-03, Borneo Post:

Nur Maisarah Kusdi, 18, a former SMK Tamparuli student, has always wanted to be an engineer — chemical engineer to be exact and has worked hard to achieve her dream.

“I love Chemistry and Physics. When I was offered the Petronas Education Sponsorship Programme (PESP) to pursue Chemical Engineering at Universiti Teknologi PETRONAS (UTP), I accepted it whole-heartedly although at that time I also had an offer from another institution,” she said.

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Uzma names Abdullah Karim as chairman

November 17, 2018

Dateline 2018-09-03, The Edge:

Uzma Bhd has appointed its independent non-executive director Datuk Abdullah Karim as the group’s new independent chairman.

He replaces Datuk Seri Syed Ali Syed Abbas Alhabshee, who resigned after serving as independent chairman for over 10 years to pursue his personal interest.

Uzma said Abdullah is currently the chairman of the group’s nominating committee and member of the audit committee.

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Petronas to provide input to attract O&G investments

November 16, 2018

Dateline 2018-09-03, The Malaysian Reserve:

Petroliam Nasional Bhd (Petronas) has given its commitment to provide the necessary input to all oil and gas (O&G) stakeholders, particularly on the expected higher oil royalty arrangement, to ensure that Malaysia remains an attractive destination for O&G investments.

Its president and group CEO Tan Sri Wan Zulkiflee Wan Ariffin (picture) said while Petronas is not privy to the discussions taking place between the federal and state governments on related issues, it will continue to provide its views on all possible scenarios.

“What’s important is to remember that we need to keep the O&G industry in Malaysia resilient and Malaysia as an attractive investment destination for foreign O&G companies,” Wan Zulkiflee told members of the press at Petronas’ Kuala Lumpur headquarters last Thursday. “We do not want the production sharing contractors (PSCs) to be impacted because we want Malaysia to still be an attractive investment destination.”

Petronas, as the national energy company, is responsible for the exploration, extraction, refining and marketing of Malaysia’s petroleum resources, which it undertakes via production sharing schemes. This involves the participation of other oil firms in the country’s O&G space, such as Royal Dutch Shell plc, Exxon Mobil Corp and Murphy Oil Corp.

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Will oil royalty finish off Malaysia’s PETRONAS?

November 15, 2018

Dateline 2018-08-31, The Asean Post:

Every time Malaysia’s national oil and gas company PETRONAS declares a profit, the nation’s four oil-producing states will clamour for a bigger slice of the pie than the current five percent royalty they are receiving.

The subject rose again following the unexpected victory of the Alliance of Hope (Pakatan Harapan) in the country’s May 2018 general election, ending the 61-year continuous rule of the National Front (Barisan Nasional). As part of its election manifesto, the Alliance of Hope coalition promised to increase the oil royalty to 20 percent and to review Malaysia’s Petroleum Development Act of 1974 (PDA) if it came into power.

Prime Minister Dr Mahathir Mohamad announced that the new government of Malaysia will pay the oil-producing states 20 percent but it will be calculated based on profits derived from those states, and not revenue.

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Diving Tenggol 2018-09 Pt 1 of 6

November 14, 2018
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Sarawak’s oil, Sarawak’s soil, so let us decide, says Nancy

November 13, 2018

Cool slogan. Can I steal it?

Date 2018-08-29, FMT:

Sarawakians should be the ones dictating how much oil royalty it will get as the oil is in their soil, said Sarawak MP Nancy Shukri.

Nancy, who is Batang Sadong MP, said a lot of Sarawakians were of the view that the state had been enriching West Malaysians and as a result the state had become backward and has not been getting much.

“Sarawakians have been talking. They say, ‘we see the Petronas Twin Towers, but look at us. Where are we?’

“That is why Sarawakians are now very aggressive and protective about their reserves. We explain why the Malaysia Agreement 1963 is still important because Sabah and Sarawak are still very backward in terms of development.

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Future of SMDS depends on three areas

November 12, 2018

Dateline 2018-08-29, Borneo Post:

The future of Shell Middle Distillate Synthesis (SMDS) depends on three areas, says Shell Malaysia chairman Datuk Iain Lo.

One, to remain competitive SMDS must continued its technology development programme.

“We have an active programme in our research labs in Amsterdam and here in Bintulu SMDS to ensure that SMDS can compete with a new generation of coal to liquids plant from China,” he said during the SMDS 25th anniversary gala dinner here on Monday.

Secondly, in terms of product development, SMDS must find more innovative and high value uses for its unique products.

“We rely on our own research and development in the US, our distributors and customers and also learning institutions,” Lo added. “A good example is our collaboration with UNIMAS, which has helped us develop an application in 3D printing for Sarawax.”

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Students Jertih to take part in nuclear congress in Russia

November 11, 2018

Tahniah, anak muda!

Dateline 2018-08-26, The Sun:

Although they will be put on stage in front of seniors and experts in nuclear science, three students from a fishing village in Terengganu are determined to make the best presentation at the ‘Rosatom Youth Congress’ in Russia on Monday.

Having won a student competition during the ‘Human Resource Development for Nuclear Power Programmes’ international conference held in South Korea in May, Muhammad Syazwan Mat Sidek, 17, Muhammad Anuar Abd Ghani, 17, and Safyyah Muhammad Nasir, 16, are determined to spread awareness on the benefits of nuclear technology.

Looking at the proficiency in English and confidence on stage while in South Korea, many may have thought that the students of SMK Kuala Besut were from an urban area, but Muhammad Anuar and Safyyah’s parents are only small-time businessmen at the Jertih market while Muhammad Syazwan is the son of a teacher.

Muhammad Syazwan said there was no time limit given to them to make their presentation at the congress in Saint Petersburg, unlike the competition in South Korea, where they were given 13 minutes, including a question and answer session.

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