Tag: petrol

Shell said to be in talks to sell its entire Malaysian petrol station network to Saudi Aramco – report

Here’s some big news. Shell is reportedly in talks with Saudi Arabia’s state-owned Saudi Aramco to sell its petrol station business in Malaysia, Reuters reports. The news agency cited four industry personnel familiar with the matter as its sources. According to one of the sources, talks are said to have begun in late 2023, and [...]read moreShell said to be in talks to sell its entire Malaysian petrol station network to Saudi Aramco – report

Foreign news reports of impending petrol, diesel price hike untrue, as gov’t hasn’t discussed matter – Fahmi

The government says that foreign media reports suggesting the country has decided on a price hike for petrol and diesel is not true. That’s because the cabinet has not yet discussed the matter, according to communications minister Fahmi Fadzil. “I have studied the matter carefully and can confirm that the matter was not discussed because [...]read moreForeign news reports of impending petrol, diesel price hike untrue, as gov’t hasn’t discussed matter – Fahmi

RON97 petrol price May 2024 week one update – premium fuel price still unchanged; RM3.47 per litre

Happy Labour Day, and with it being a Wednesday, it is time for the weekly fuel price update in Malaysia, as announced by the finance ministry for the coming week of May 2 to May 8, 2024. There continues to be no change in the price of RON 97 petrol, which has the premium grade [...]read moreRON97 petrol price May 2024 week one update – premium fuel price still unchanged; RM3.47 per litre

RON97 petrol price April 2024 week four update – premium fuel price unchanged; still RM3.47 per litre

It’s Wednesday, which means that it is once again time for the weekly fuel price updated in Malaysia, as announced by the finance ministry for the coming week of April 25 to May 1, 2024. Once again there is no change to the price of RON 97 petrol, which sees the premium grade of petrol [...]read moreRON97 petrol price April 2024 week four update – premium fuel price unchanged; still RM3.47 per litre

RON95 petrol subsidies need to be reduced in stages to avoid burdening the rakyat, says analyst

The Malaysian government’s decision to reduce fuel subsidies this year has obviously been a source of debate, as it has sparked fears it may lead to a drastic increase in petrol prices. To that end, an analyst has urged authorities to float the price of RON95 fuel in stages to prevent a price shock that [...]read moreRON95 petrol subsidies need to be reduced in stages to avoid burdening the rakyat, says analyst

2024 Toyota Land Cruiser 250 Series launched in Japan – 2.7L petrol, 2.8L turbodiesel; from RM161k

Toyota has officially launched the Land Cruiser 250 Series in Japan, which will be offered in a number of variants, including two First Edition offerings. Also know as the Land Cruiser Prado or simply the Land Cruiser (as it is in the United States), the 250 Series joins the 300 Series and 70 Series to [...]read more2024 Toyota Land Cruiser 250 Series launched in Japan – 2.7L petrol, 2.8L turbodiesel; from RM161k

RON97 petrol price April 2024 week three update – premium fuel price still unchanged at RM3.47/litre

With Wednesday comes the weekly fuel price update in Malaysia, as announced by the finance ministry for the coming week of April 18 to 24, 2024. As before, there is once again no change in the price of RON 97 petrol, which means the premium petrol grade continues as before at RM3.47 per litre; the [...]read moreRON97 petrol price April 2024 week three update – premium fuel price still unchanged at RM3.47/litre

Petrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?

Economy minister Rafizi Ramli has reportedly confirmed that Malaysia will reduce subsidies for petrol this year in order to reduce the country’s fiscal deficit, Malay Mail reported, citing Bloomberg. The Malaysian government remains on track in focusing its handouts on aid for the needy, Rafizi said, adding that the government ‘needs to manage the sequence’ [...]read morePetrol subsidies in Malaysia confirmed to be reduced this year – unsubsidised RON95 to be RM3.38/litre?

Rafizi tegaskan subsidi petrol tetap akan mula dikurangkan tahun ini, tiada pusingan-U dari kerajaan

Menteri Ekonomi, Rafizi Ramli menegaskan bahawa langkah kerajaan untuk mengurangkan subsidi petrol tetap akan dilaksanakan tahun ini dalam usaha untuk mengecilkan defisit fiskal negara, lapor Berita Harian yang memetik berita dari Bloomberg. Menurutnya susulan jangkaan rasionalisasi bahan api itu, kerajaan akan melaksanakan pengurangan subsidi secara berperingkat dengan risiko inflasi meningkat sebelum rancangan itu dilaksanakan. “Kita [...]read moreRafizi tegaskan subsidi petrol tetap akan mula dikurangkan tahun ini, tiada pusingan-U dari kerajaan

Unsubsidised petrol station in Rantau Panjang, Kelantan almost complete; operational after Hari Raya

The first of two stations selling unsubsidised petrol in Kelantan is nearing completion, New Straits Times has reported. Last month, Kelantan ministry of domestic trade and cost of living (KPDN) announced that it has approved the construction of two non-subsidised petrol stations, the first being the aforementioned Rantau Panjang and the second in Jeli. Kelantan [...]read moreUnsubsidised petrol station in Rantau Panjang, Kelantan almost complete; operational after Hari Raya