By Mikhail Raj Abdullah
KUALA LUMPUR, April 8 -- Malaysia should not be pressured into setting higher targets under its renewable energy (RE) policy.
KUALA LUMPUR, April 8 -- Oil and gas (O&G) companies are expected to increase their capital expenditure (capex) programme in 2021, if crude oil prices stay between US$60 and US$70 per barrel (US$1= RM4.13), according to Moody's Investors Service.
KUALA LUMPUR, April 7 -- Velesto Energy Bhd's wholly-owned subsidiary, Velesto Drilling Sdn Bhd has won a contract for the provision of jack-up drilling rig services for Sarawak Shell Bhd/ Sabah Shell Petroleum Company Ltd.
KUALA LUMPUR, April 6 -- Serba Dinamik Group Bhd today announced a collaboration with Membrane Technology (M) Sdn Bhd (MTMSB), a spin-off company of Universiti Teknologi Malaysia (UTM), in the development of advanced membrane technology for water and wastewater treatment and haemodialysis.
KUALA LUMPUR, April 6 -- Kejuruteraan Asastera Bhd (KAB), an electrical and mechanical engineering services provider, has received two letters of appointment (LOAs) from China Construction Yangtze River (Malaysia) Sdn Bhd (CCYRM) with a total contract value of RM17.9 million.
KUALA LUMPUR, April 5 -- Greatech Technology Bhd’s unit Greatech Integration (USA) Inc has secured its first purchase order in the United States from a new electric vehicle (EV) customer to produce lithium-ion (Li-ion) batteries.
KEPALA BATAS, April 5 -- The Higher Education Ministry (KPT) encourages more automotive industry players to undergo the Hybrid and Electric Vehicles Professional Certification (Level Four) at Kolej Komuniti Kepala Batas, which is the only level four of such course offered outside the United Kingdom and Ireland.
KUALA LUMPUR, April 5 -- Malaysia, through its national oil company, Petroliam Nasional Bhd (Petronas), today formalised a Unitisation Agreement (UA) with Brunei for the Gumusut-Kakap and Geronggong-Jagus East fields which straddle along the Malaysian-Brunei maritime boundary.
KUALA LUMPUR, April 5 -- Oil and gas will continue to make up a significant portion of the energy mix, although at a declining trend of 47 per cent by 2040 from about 54 per cent in 2018 due to the growth of renewable energy.
PASIR MAS, April 2 -- A total of RM500 million has been allocated for the investment cost of the floating solar energy project in Tasik Danau Tok Uban here.
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