News List

Tun M visits Petronas' second floating LNG vessel

GEOJE (South Korea), Nov 27 (Bernama) -- Tun Dr Mahathir Mohamad today arrived at Samsung Heavy Industries Geoje Shipyard for a tour of Petronas' Floating Liquefied Natural Gas (PFLNG) 2 vessel here.

Petronas Q3 net profit falls to RM7.42 bln

KUALA LUMPUR, Nov 26 -- Petroliam Nasional Bhd's (Petronas) net profit nearly halved to RM7.42 billion in the third quarter ended Sept 30, 2019 (Q3 2019) from RM14.34 billion in the same period last year.

ACE market debutant Solarvest emerges as most active counter

KUALA LUMPUR, Nov 26 -- ACE market debutant Solarvest Holdings Bhd emerged as the most active counter in the early trade.

Serba Dinamik posts higher net profit in 3Q '19

KUALA LUMPUR, Nov 26 -- Serba Dinamik Holdings Bhd recorded a higher net profit of RM113.16 million in the third quarter ended Sept 30, 2019 against RM83.23 million in the same quarter last year.

PRefChem achieves 5th diesel lifting from its refinery in Pengerang

KUALA LUMPUR, Nov 23 -- Pengerang Refining and Petrochemical (PRefChem) today achieved another milestone with the lifting of 300,000 barrels of diesel from its refinery in the Pengerang Integrated Complex (PIC).

RON97 petrol price drops by 4 sen, RON95 and diesel prices maintained

KUALA LUMPUR, Nov 22  -- The retail price of RON97 petrol will drop by four sen to RM2.66 per litre, while the prices of RON95 petrol and diesel will be maintained at RM2.08 and RM2.18 per litre respectively, for the Nov 23 to 29 period.

PetDag net profit lower at RM239 mln in Q3 2019

KUALA LUMPUR, Nov 22 -- Petronas Dagangan Bhd (PetDag) recorded a lower net profit of RM239.0 million for the third quarter ended Sept 30, 2019 (Q3 2019) from RM270.27 million in the same period last year.

Petronas ramps up efforts to strengthen footprint in India

KUALA LUMPUR, Nov 22  -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.

Homegrown Malaysian company gains momentum in global offshore industry

LABUAN , Nov 22  -- Malaysia-owned Thunder Cranes Group has secured a major multi-million dollar contract with Chevron Corporation to provide lifting services for their plug and abandonment work involving some 3000 wells in the Gulf of Thailand.

PIPOC 2019 fuels hope for a fruitful 2020 for palm oil industry

By Nurul Hanis Izmir

KUALA LUMPUR, Nov 22 -- The palm oil industry is set to see a fruitful 2020 as various efforts undertaken by the government, its agencies and stakeholders which are centered on sustainability begin to show results.