RON95 and diesel price to stay, RON97 will be floated — PM

July 5, 2018

Dateline 2018-05-30, The Edge:

The government will retain the current price of RON95 and diesel at the pumps, but the price of the premium RON97 petrol will be subject to a float system, Prime Minister Tun Dr Mahathir Mohamad said today.

“The price for diesel and RON95 will be maintained, but the price for RON97 will be floated according to the market,” Dr Mahathir told reporters after chairing the second weekly Cabinet meeting here today.

At present, RON95 and diesel are sold at RM2.20 per litre and RM2.18 per litre respectively, while that of RON97 is priced at RM2.47 per litre. The retail fuel prices have remained unchanged ahead of the 14th general election on May 9, despite crude oil prices rising to US$75.39 per barrel at the time of writing.


Dr M vows Kelantan will get oil royalties

November 29, 2016

Yeah, baby.

Dateline 2016-10-15, FMT:

In an effort to win the support of the Kelantanese, former premier Dr Mahathir Mohamad has vowed to pay oil royalties to the state government should the Barisan Nasional Federal Government be defeated.

Speaking to a 5,000-strong crowd at a ceramah here last night, Dr Mahathir gave his guarantee that Kelantan would enjoy the oil royalties which the state government had been demanding.

“If we win, then we can give the royalties,” he said to cheers from the crowd.


MTEM calls Petronas CEO names for purported mistreatment of Dr M

February 23, 2014

I missed the ranting and name-calling.

Dateline 2014-01-09, The Malay Mail:

In an expletive-ridden rant today, the Malay Economic Action Council (MTEM) castigated Petronas chief Tan Sri Shamsul Azhar Abas over the alleged mistreatment of the state oil firm’s former adviser Tun Dr Mahathir Mohamad.

The Malay business lobby group later retracted part of their emotional descriptions of Shamsul in a news conference, but related allegations of high-handed action against the former prime minister within 24 hours of Dr Mahathir’s departure from the Petronas office here last month.

“Is this how a national oil company treat a man who was very instrumental at turning Petronas into a Fortune 500 company and equipped with undeniable contribution in his 27 years and to date tenure?


Dr M: I told Petronas to enrich my son

November 22, 2012

The title is link bait supreme. Dr. M still manages to maintain his aura while fielding hard questions.

Dateline 2012-11-07:

(Tun) Dr Mahathir Mohamad today mocked a Malaysiakini reporter for questioning him on lucrative multimillion ringgit petroleum contracts involving Petronas and SapuraKencana Petroleum Bhd, of which his son Mokhzani is vice-president.

The visibly annoyed former prime minister, who is adviser to the national oil company, said he had used his influence with Petronas to ensure that SapuraKencana win the business.

“Yes, of course, he is given it because I instructed Petronas,” he told the reporter. “You can put that in your paper.

 


Dr M supports Petronas-backed mega Islamic bank

July 20, 2012

Ah… any comment I make is going to upset the left, right, conservatives, radicals and Jabba simultaneously. Who says I can’t create a lose-lose situation?

Dateline 2012-06-24:

Tun Dr Mahathir Mohamad has voiced his support for a proposal to set up a mega Islamic bank with Petronas and pension funds being used to underwrite some of the US$1 billion (RM3.2 billion) in start-up capital.

The influential former prime minister insisted last night there would be nothing wrong should the government decide to go ahead with Bank Negara Malaysia’s (BNM) proposal to use an injection from the cash-rich state oil firm as “Petronas money is government money.”