Category: Oil & Gas

Idris: There’s no global fuel shortageBy WONG SAI WAN, The StarThursday June 5, 2008     ISTANBUL: There is no shortage of oil in the world and its present price level was driven up by unreal speculation, said Malaysia Airlines managing director and chief executive Datuk Seri Idris Jala. He said the present oil price… Continue reading Idris: There’s no global fuel shortage

Differing views on price policies By The New Straits TimesJune 5, 2008 MALACCA: Chief Minister Datuk Seri Mohd Ali Rustam has described the fuel price increase and subsidy scheme as appropriate policy to ensure that the subsidy goes to the needy, reports Jason Gerald. “Although those who do not deserve the subsidy would have to… Continue reading Differing views on price policies

Economists see inflation soaring to six per cent By : Jeeva Arulampalam and Rupa Damodaran, The New Straits TimesJune 5, 2008     KUALA LUMPUR: Economists said inflation could double to six per cent this year after the government decided to increase fuel prices and allow electricity tariff to rise. They also think that economic… Continue reading Economists see inflation soaring to six per cent

Yes, let us get angry, but about the right thingsBy Raja Petra KamarudinThursday, 05 June 2008 Petronas is too important to the nation. Petronas is the backbone of the Malaysian economy. Without Petronas this country would be dead. Should something that important be under the control of just one man where even Parliament has no… Continue reading Yes, let us get angry, but about the right things

Rising oil price creating Rockefellers?Azly RahmanMar 20, 2006 From ILLUMINATIONS, Malaysiakini We are now beginning to see an ugly picture splashed in our increasingly battered social conscience: the steady growth of the poor and the steady rise of Malaysian Rockefellers. While the poor suffer at the foot of the Twin Towers, the rich laugh from… Continue reading Rising oil price creating Rockefellers?