HEADLINES

Petronas Gas

Petronas Gas 2Q net profit rises to RM453.33 million

Higher gas transportation and regasification contributions help offset weaker utilities segment performance

PetGas quarterly profit dips 4% on weaker margins

Lower tariffs and softer earnings in utilities and gas transportation drag revenue down 3.6%

Petronas Gas shares down 1.3% on Putra Heights pipeline fire incident

MIDF Amanah estimates financial impact from the incident to be about 1.0-1.5% of Petronas Gas’ total earnings

Petronas Gas confirms Putra Heights fire at main pipeline

25 victims recorded so far, receiving treatment for wounds, burns and breathing difficulties

Petronas Gas names Adif Zulkifli as new chairman

Executive veep and CEO of upstream business replaces Adnan Zainol Abidin, effective immediately

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National carrier led on-time performance up to May 2025, as government enforces stricter rules on delays and passenger compensation

Qatar to host final stages of 2025 FIFA Confederations Cup for second year running

Tournament kicks off in Jeddah this September, with final three matches—including the decider featuring PSG—set for December in Qatar

Bangsar bars warn of 20% price hike as new alcohol tax looms

Bar owners say the upcoming 10% excise duty under Budget 2026 could squeeze margins, drive drinkers to cheaper alternatives, and push small operators to the brink