NEWS

S&P Global Platts 19th October, 2017 Malaysia's Benalec Holdings is fast-tracking the development of its Tanjung Piai Maritime Industrial Park as demand for oil storage is expected to rise due in part to the International Maritime...

Tank Storage Magazine 15th September, 2017 Source...

GDN online 14th September, 2017 The role of Asia in the global oil market, the oversupply of crude worldwide and its impact on key Asian storage hubs will be highlighted through discussions at the Tank Storage Asia, to be held later this month in Singapore. The event...

The Star Online 5th April, 2018 With around 75% of the world’s oil demand coming from Asia, the future for the bulk liquid storage industry in the region is bright. While crude shipments into the region have reached record levels in recent months, intra-regional...

星洲网 3rd April, 2017 View...

The Star 5th March, 2017 PONTIAN: A new road will be built by 2020 to link Tanjung Pelepas in Gelang Patah to Tanjung Bin here, and is expected to cut down the one-hour travel time by more than half. Work on the 7.5km road is expected to start in September and the...

Financial Times 1st March, 2017 Saudi Arabia’s state-owned oil company on Tuesday announced plans to invest $7bn in a Malaysian refining project, in a move highlighting concerted efforts by the world’s largest crude producer to secure growth in Asia. Saudi Aramco said...

The Edge Markets 1st March, 2017 KUALA LUMPUR: The Pengerang Refinery and Petrochemical Integrated Development (Rapid) project opens a new chapter today. The Saudi Arabian Oil Co (Saudi Aramco) is pumping in US$7 billion (RM31 billion) to hold equity stake in selected...

Reuters 28th February, 2017 By Emily Chow | KUALA LUMPUR Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, the companies said on Tuesday, pumping in $7 billion in its biggest downstream investment...