HEADLINES

Petronas Gas

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

Petronas Gas posts lower Q2 net profit of RM468.99 mil

Firm attributes this to higher operating expenses, as well as inflationary impact

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