News List

Lynas' licence could be revoked if work on PDF doesn't start by March 2021

KUALA LUMPUR, July 16  -- The operating licence granted to Lynas Malaysia Sdn Bhd will be revoked if the rare earth mining company does not begin the process of developing a permanent disposal facility (PDF) by March 2021.

Reservoir link bags an umbrella contract from Petronas Carigali

KUALA LUMPUR, 16 July -- Reservoir Link Energy Bhd, an upstream oil & gas well-related services provider, has secured an umbrella contract to provide three perforate, wash and cement jobs for Sepat-9 and Sepat-10 wells from  PETRONAS Carigali Sdn Bhd.

Petronas Scholar Goes From Zero To Hero

BINTULU (Bernama) -- Peter Majid Tandom was one of the brightest students at St Joseph Primary School and St Joseph Secondary School in Kuching during the 1970s and early 1980s. He always passed his exams with flying colours and earned the respect of his teachers and schoolmates.

But at home, life was a constant struggle for him and his family. They were living from hand to mouth because his father’s salary as a police constable was hardly enough to support the large family.

“My father was the sole breadwinner of the family at that time. He had 10 children to feed. I am the second youngest in my family,” said Peter, who is 56 now and is head of Petronas Carigali Sdn Bhd – Sarawak Gas (SK Gas), headquartered here.

Tesco Malaysia powers 15 stores with solar energy

KUALA LUMPUR, July 14 -- Tesco Stores (Malaysia) Sdn Bhd (Tesco) and NE Suria Satu Sdn Bhd (NESS), a joint-venture company of Petronas and NEFIN Group, have entered into the largest long-term Power Purchase Agreement (PPA) (Tesco-NESS PPA) for solar energy in Malaysia.

Baleh hydro project on track despite MCO, COVID-19 -- Sarawak Energy

KUCHING, July 12 -- Sarawak Energy says its 1,285MW Baleh hydroelectric project (HEP) located in Kapit division, central Sarawak, is on track to meet major milestones despite the challenges of managing the Movement Control Order (MCO) limitations while keeping the site team safe from COVID-19 infection.

Energy Commission, TNB raid two cryptocurrency premises suspected of electricity theft

PORT KLANG, July 8 -- The Energy Commission (ST) and Tenaga Nasional Berhad (TNB) raided two cryptocurrency business premises in Taman Pendamar Indah here on suspicion of electricity theft.

Serba Dinamik sells its 25.2 pct stake in Singapore-listed CSE Global

KUALA LUMPUR, July 7 -- Serba Dinamik Holdings Bhd (SDHB) has sold its entire 25.2 per cent equity interest in Singapore-listed technology company CSE Global Ltd in the open market for RM177.33 million.

KNM, ADAP inks JV for oil, gas & petrochemical projects in Sarawak

KUALA LUMPUR, July 7 -- KNM Group Bhd's (KNM) wholly-owned subsidiary, KNM Process Systems Sdn Bhd, has signed a joint-venture (JV) agreement with ADAP Capital Sdn Bhd to form a company in respect of oil, gas and petrochemical project in Sarawak.

Advancecon inks solar energy MoU with Peritone

KUALA LUMPUR, July 7 -- Advancecon Holdings Bhd's wholly-owned unit, Advancecon Solar Sdn Bhd, has inked a Memorandum of Understanding (MoU) with pharmaceutical manufacturing plant Peritone Health Sdn Bhd (Peritone) to develop a rooftop solar photovoltaic system at the latter's premises in Kulim Hi-Tech Park, Kedah.

Indonesia keen on reducing greenhouse gas emissions

JAKARTA, July 7 -- Indonesian President Joko Widodo has reminded his aides of the country’s target to reduce greenhouse gas emissions by 26 per cent this year, Vietnam News Agency (VNA) reported.