News List

Price of RON97 drops nine sen while RON95 and diesel remain unchanged

KUALA LUMPUR, Oct 25  -- The retail price for RON97 petrol drops by 9 sen to RM2.59 per liter, while RON95 and diesel remain at RM2.08 and RM2.18 per liter respectively effective at midnight tonight until Nov 1.

IOI Corp expects CPO price to rise up to RM2,600 a tonne by April 2020

PUTRAJAYA, Oct 25-- IOI Corporation Bhd expects the crude palm oil (CPO) price to trade at between RM2,300 and RM2,600 per tonne in the first four months of 2020 due to declining production, said its managing director and chief executive officer, Datuk Lee Yeow Chor.

CPO futures hit one-year high as Malaysia seeks to resolve palm oil issue with India

Exclusive report by Siti Noor Afera Abu

KUALA LUMPUR, Oct 24 -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to a year high as Malaysia seeks to resolve the palm oil issue with India.

Petronas advocates use of natural gas to address emerging megatrends

KUALA LUMPUR, Oct 24  – Petronas has been a strong advocate on the use of natural gas in addressing emerging megatrends such as rapid urbanisation, diminishing resources and the rising need for energy.

B20 implementation timely when palm oil industry facing tough time

KUALA LUMPUR, Oct 23 -- Next year’s implementation of B20 biodiesel for the transportation sector is timely at a time when the country’s palm oil industry is facing trying times, in addition to the European Union’s (EU) ongoing discriminatory acts against the vital commodity, said Teresa Kok.

The work culture behind Petronas' success story

A Special Report by Mohd Khairi Idham Amran

KUALA LUMPUR, Oct 23 -- Petronas is a success story well beyond Malaysia's shores but one with global footprints.

Petronas CEO speaks on journey to a world class brand

Exclusive report by Azman Ujang

KUALA LUMPUR, Oct 23 --  Petronas President and Chief Executive Officer Tan Sri Wan Zulkiflee Wan Ariffin takes a journey down memory lane on the evolution of the national oil corporation into a world brand and Malaysia's sole company listed on the Fortune 500.

New twist to Malaysia-India palm oil issue

Exclusive report by M. Saraswathi

KUALA LUMPUR, Oct 23  -- The Malaysia-India palm oil issue has taken a new twist.

S Korea to boost power supply from solar and wind

SEOUL, Oct 23 -- South Korea's industry minister said Wednesday that Seoul will boost the supply of power from solar and wind energy in a green transition amid global efforts to cut down on heat-trapping gases.

Oil palm plantation must comply with MSPO certification standard - MPOCC

KUALA LUMPUR, Oct 22  -- The Malaysian Palm Oil Certification Council (MPOCC) said oil palm plantation and smallholding management must adhere to the Malaysian Sustainable Palm Oil (MSPO) certification standards to avoid conflicts and ensure sustainable development.