Just pay up, Petronas told

SIBU: The national oil corporation, Petronas’ board should abide by the courts decision and that of its chairman, the prime minister, to pay the State Sales Tax (SST). Newly minted senator Robert Lau Hui Yew said it was disturbing to read the news purportedly saying Petronas’ board of directors was against the prime minister’s decision […]
A blast from the past

By Dr Navin C Naidu ‘5pc payment was S’wak’s idea, says Razaleigh’, screamed a story-line in Sabah-based Daily Express yesterday. Tengku Razaleigh Hamzah, the founding chairman and chief executive of Petronas, reportedly said that the establishment of the national oil company was Sarawak’s idea, as well as the five per cent payment as income from […]
SUPP maintains stand on PDA, TSA

MIRI: Sarawak United People’s Party (SUPP) appears to maintain its stance on the legality of the Petroleum Development Act 1974 (PDA) and the Territorial Sea Act 2012(TSA), saying that both were unconstitutional on the ground that they were enacted without obtaining consent from Sarawak. SUPP publicity and information chief Adam Yii, in a statement yesterday, […]
Exercising our rights on oil & gas

State-owned Petroleum Sarawak Bhd (Petros) is asserting a greater role in Sarawak’s oil & gas exploration and production activities now that it has been awarded licences. Initially, the onshore mining licences granted to Petros cover Limbang and Baram areas in the northern region. The Sarawak government’s award of such licences is to exercise the state’s […]
Validity of 1974 Petroleum Development Act questioned

Abang Johari has also questioned the validity of the 1974 Petroleum Development Act which was passed by Parliament during the Emergency Proclamation period from 1969 to 2011. The Emergency Proclamation was abolished in 2011. In his Christmas message, Abang Johari said Petros would soon be given another task — to manage domestic gas business now […]