it only reach to 0.3 if breakout at 0.2

mari2 38 sen are waiting

when opec opening his tap i believe the oil price would be stable and would not hike up any more

2014 too far meh jan 2020 reach 0.38

Report had been out. Still show red

i am waiting for the qtr result i would be safe to wait..

when not profitable for oil and gas company no contract issue, when no contract issue velesto pisang, when velesto pisang quater result show unprofitable, when show unprofitable share price would be drop.

hold it may be drop below 0.11 since lockdown around the world making the demand slump,
when demand slump oil price cheap, when oil price cheap is not profitable for oil and gas company

MELBOURNE (Reuters): Asian energy officials on Wednesday (May 19) disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.

The IEA, which has previously championed the oil and gas industry, this week outlined a path to net-zero emissions that suggested stopping new investments in oil, gas and coal supply, retiring coal-fired plants in advanced economies by 2030, and banning sales of new internal combustion engine cars by 2035.

Energy companies in Australia, the biggest carbon emitter per capita among the world's richest nations, and officials in Japan and the Philippines said there were many ways to get to net zero, even as the IEA said its pathway was "the most technically feasible, cost-effective and socially acceptable".

Akihisa Matsuda, the deputy director of international affairs at Japan's Ministry of Economy, Trade and Industry (METI), said the government has no plans to immediately stop oil, gas and coal investments.

"The report provides one suggestion as to how the world can reduce greenhouse gas emissions to net zero by 2050, but it is not necessarily in line with the Japanese government's policy," he said.

"Japan needs to protect its energy security including a stable supply of electricity, so we will balance this with our goal of becoming carbon neutral by 2050."

Japan was the region's third-largest carbon emitter in 2019, after China and India, according to the BP Statistical Review of Energy.

Australia's top oil and gas industry and mining lobby groups said there was "no one size fits all" for decarbonisation.

"The IEA report doesn't take into account future negative emission technologies and offsets from outside the energy sector -- two things that are likely to happen and will allow vital and necessary future development of oil and gas fields," Australian Petroleum Production and Exploration Association Chief Executive Andrew McConville said.

Australia's top independent gas producer, Woodside Petroleum, said it still aims to make a final investment decision for an US$11 billion investment to develop a new gas field off Western Australia in late 2021.

"For its part, Woodside is working with its customers, all of whom are in countries that have committed to net zero, to ensure we can supply them with the energy they are seeking in order to achieve their decarbonisation pathways," a Woodside spokeswoman said.

Australia on Wednesday committed A$600 million ($467 million) in taxpayer funds to build a new gas-fired power station to back up wind and solar power, which Energy Minister Angus Taylor said was a pragmatic move.

In the Philippines, where coal is set to be the dominant power source for years even after a ban on new coal plant proposals, Energy Secretary Alfonso Cusi said the energy transition should be "fuel and technology-neutral".

Cutting finance for oil, gas and coal without considering efficiency and competitiveness would "set back the Philippines' aspiration to join the ranks of upper middle-income countries," he said.

While the world is moving to renewable energy, demand for coal is still expected to be strong in the next few decades as some countries are still building new coal-fired power plants, said Hendra Sinadia, executive director at Indonesia Coal Mining Association.

that why it had been drop so i would be peti sejuk again if droping below 60

it would depend on the Q1 report. If show profitable i dont think it will go down further.

joshua the price would be 0.14 and 0.145 only , i also hoping i would be done at 0.11

how to know man i already check on their website it not release can someone share with me

it would be down, is going down

safe yourself the board are coming. it will be safely landed for 101

for the past 5 year currently the oil price is the highest ever. when production back to normal it would down again.

i belived there are 7 rig by velesto. can velesto use the other to do the drilling? if can that mean the income still continue right and supposely no shriking on the income due this incident right?

how to do the drilling when the site is declare as catastrophic area.

there will be a hicup in oil price when all country starting to increase the production

PN17 for what reason?

wow this counter really kesayangan PNB till now only drop liltle

the price now tilt by -0.01 degree

will the price would be sunk to 0.11 as maybank forecast?

minyak hit kaw kaw: Goldman: Oil To Hit $80 On Largest Ever Demand Jump

Maybank tp it would be 0.11 better change counter

https://www.theedgemarkets.com/article/naga-7-rig-incident-delay-velesto-earnings-turnaround-%E2%80%94-maybank-ib

It not rhb reserch only it also maybank.
Next week will became 1.05

Mieco starting rebound

2 bank forecast tp would up cimb and public cimb 3 public 2.87.then ambank adjust from 2.6 to 2 for fair value. I hold first see wht will coming.

Pavi last link i click sunddenly the new had been remove.y??