Cops tracing suspect who sent SMS threatening Bintulu LNG facility, says CID director

KUALA LUMPUR: Police are currently tracking the owner of a phone number that sent security threats to all Liquefied Natural Gas (LNG) facilities in Bintulu, Sarawak, says Comm Datuk M. Kumar (pic). The Bukit Aman Criminal Investigation Department (CID) director told Malay language daily Sinar Harian that they are in the process of identifying the individual...

Malaysia agrees to boost tech, LNG purchases from U.S. as part of trade deal

KUALA LUMPUR: Malaysia will spend up to US$150bil in the next five years to buy equipment from U.S. multinationals for its semiconductor, aerospace and data centre sectors, part of a deal with Washington to cut tariffs, its trade minister said on Monday. The United States announced last week that it would impose a 19% tariff on...

Oil prices rise on potential US tariff exemptions on cars, pick-up in China crude imports

BEIJING: Oil prices climbed in early trading on Tuesday, boosted by new tariff exemptions floated by President Donald Trump and a rebound in China crude oil imports in anticipation of tighter Iranian supply. Brent crude futures gained 27 cents, or 0.42%, to $65.15 per barrel by 0046 GMT, while U.S. West Texas Intermediate crude rose 26...

PETRONAS adds three new LNG vessels ahead of LNG Canada start-up

KUALA LUMPUR: Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient liquefied natural gas (LNG) vessels to its North American operations. The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility...