News List

GECF: Gas demand could reach 2019 levels only in 2022

BAKU, June 23 -- Gas demand could reach 2019 levels only in 2022, said Yury Sentyurin, Secretary General of the Gas Exporting Countries Forum (GECF), Azerbaijan’s Trend News Agency (Trend) reported Tuesday.

Malaysia to improve trade relations with India pertaining to palm oil

KUALA LUMPUR, June 22 -- Malaysia is working on creating better trade relations with India, its top palm oil buyer last year, and addressing some of the issues that have negated the country's palm oil share in the global market, Malaysian Palm Oil Council (MPOC) chief executive officer Datuk Dr Kalyana Sundram said.

Govt implements the best approach in managing energy sector - Shamsul Anuar

KUALA LUMPUR, June 20  -- The approach implemented by the government in managing the energy sector is the best so far, especially in the aspects of monitoring, said Minister of Energy and Natural Resources Datuk Dr Shamsul Anuar Nasarah.

Malaysia among countries that hold special importance for the leadership of Kazakhstan

By V.Sankara

KUALA LUMPUR, June 16  --  President of Kazakhstan, Kassym-Jomart Tokayev, has followed a friendly and diplomatic policy of “keeping and strengthening bilateral relations with all neighbouring countries worldwide”, and Malaysia was among these countries that hold special importance for the leadership of Kazakhstan.

Petra Energy accepts LOA from Petronas for Banang Field production

KUALA LUMPUR, June 16 -- Petra Energy Bhd’s (PEB) wholly-owned subsidiary Petra Energy Development Sdn Bhd (PEDSB) had accepted a Letter of Award from Petroliam Nasional Bhd (Petronas) on June 4, 2020 for the continuation of Banang Field production.

Barakah Offshore rises in early trading

KUALA LUMPUR, June 16 -- Barakah Offshore Petroleum Bhd surged in early trade today as the oil and gas outfit swung to a net profit for the third quarter ended March 31, 2020 (3Q20).

Petronas sells Teluk Ramunia yard to Serba Dinamik for RM320 mln

KUALA LUMPUR, June 12 -- Serba Dinamik Holdings Bhd has purchased Petroliam Nasional Bhd’s (Petronas) fabrication yard in Teluk Ramunia, Johor, for RM320 million.

RM35 bln PENJANA Plan meets expectations - SERC

By Mohd Iswandi Kasan Anuar

KUALA LUMPUR, June 10  -- The RM35 billion National Economic Recovery Plan (Penjana) announced by the government last week broadly meets expectations, says independent and non-profit think tank Socio-Economic Research Centre (SERC).

Thai plastics distributor hopes PENJANA will spur new car sales

By Linda Khoo Hui Li

BANGKOK, June 10 -- A distributor of engineering and commodity grade plastics in Thailand, Polymer Solutions Co Ltd (Polymer Solutions), has welcomed the much-needed automotive sector confidence boost under the National Economic Recovery Plan (PENJANA).

Shahril Shamsuddin reappointed as MIMOS Chairman

KUALA LUMPUR, June 9  -- National applied research and development (R&D) centre, MIMOS Bhd, an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI), has reappointed Tan Sri Shahril Shamsuddin as its chairman for the second time in twelve years effective May 18.