The Court of Appeal has ruled that Petronas did not breach its gas supply agreement with Shell MDS and set aside the High Court’s injunction, which had compelled Petronas to continue supplying gas without payment — a move that cost the national oil company about RM800 million a month
Hakim Mahkamah Rayuan itu berkata dalam kes ini, perjanjian antara Petronas dan Shell MDS tidak dilanggar sebaliknya Petronas mematuhi perjanjian sepanjang masa berkaitan
The Court of Appeal has ruled in favour of Petronas, directing Shell MDS to settle more than RM500 million in outstanding gas supply payments linked to its Bintulu facility. The judgment overturns earlier injunctions that had allowed Shell to defer payment amid a dispute involving both Petronas and Petroleum Sarawak Bhd (Petros)
Mahkamah Rayuan membenarkan permohonan Petronas untuk mengetepikan injunksi interim Mahkamah Tinggi, yang sebelum ini menghendakinya terus membekalkan gas tanpa menerima sebarang bayaran melibatkan fasiliti di Bintulu
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
PIDM protects up to RM250,000 per depositor per member bank and up to RM500,000 for takaful and insurance benefits. For health-related insurance, PIDM protects 100% of your healthcare benefits.
