Barefoot Investor: O&G stocks in focus on Petronas RM15b projects

Oil and gas-related counters came in focus in early trade on Wednesday, Aug 24 on news that Petroliam Nasional Bhd and its production sharing partners were embarking on a RM15 billion project to extract gas from fields off Peninsular Malaysia which includes a new 200km pipeline.

At 9.07am, MMHE added 10 sen to RM6.65, SapuraCrest six sen to RM4.34, Wah Seong two sen to RM2.08 while Kencana and Alam Maritim added one sen each to RM2.78 and 79 sen.


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