News List

Oil company in Nigeria loses 11,000 barrels of oil daily to theft in 2018

LAGOS, Sept 10 -- The Shell Petroleum Development Company (SPDC) in Nigeria on Monday confirmed a daily loss of about 11,000 barrels of oil from its pipelines to crude oil theft in the Niger Delta region in 2018, more than the approximate 9,000 barrels per day in 2017, Xinhua news agency reported, quoting a company’s spokesman.

RAM-rated Edra Solar's sustainability sukuk breaks new ground

KUALA LUMPUR, Sept 10 -- Edra Solar Sdn Bhd’s proposed RM245 million Asean sustainability socially responsible investment (SRI) sukuk is not only a trailblazer in blending green and social elements but has the distinction of carrying a combination of three different types of ratings -- another market first.

ExxonMobil partners Porsche to power Formula E series car 2019/2020 season

KUALA LUMPUR, Sept 10  -- ExxonMobil has expanded its global business and technical partnership with Porsche by teaming with the luxury German automaker on its Formula E series car for the 2019/2020 season.

Khazanah & Mubadala discuss potential strategic collaboration -- Azmin

KUALA LUMPUR, Sept 9 -- Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said that discussions on potential collaboration between Khazanah Nasional Bhd and Mubadala Investment Company took place during his audience with the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.

Azmin in UAE for energy meet

KUALA LUMPUR, Sept 9 -- Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has embarked on a working visit to the United Arab Emirates (UAE) to lead the Malaysian delegation to the 8th Asian Ministerial Energy Roundtable (AMER8) and the 24th World Energy Congress in Abu Dhabi (WEC24). 

Kedah's solar farm to boost industrial & agro activities in state

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 9 -- Kedah is now home to one of Malaysia's largest solar farms that will provide clean energy to support industrial and agricultural activities in the state and bring about immense spillover economic benefits to the community.

Russian firm eyes renewable energy opportunities in Malaysia

By Samantha Tan Chew Tieng

PUTRAJAYA, Sept 7 -- Russian energy project business Vershina Development LLC is eyeing potential opportunities in renewable energy in Malaysia especially in Perlis state.

Ahmad Parveez named as MPOB's new director-general

KUALA LUMPUR, Sept 6 (Bernama) -- Dr Ahmad Parveez Ghulam Kadir has been appointed as the Malaysian Palm Oil Board's (MPOB) director-general effective Aug 10, 2019.

AmInvestment upgrades O&G sector to 'overweight'

KUALA LUMPUR, Sept 6 -- AmInvestment Bank Bhd has upgraded its call on the oil and gas (O&G) sector to ‘overweight’ from ‘neutral’ as prospects have radically brightened with rising asset utilisation globally which supported service providers’ improving results.

PIKOM welcomes Serba Dinamik as Title Sponsor for its Awards Night

KUALA LUMPUR, Sept 6 (Bernama) -- The National Tech Association of Malaysia (PIKOM) on Thursday announced Serba Dinamik Holdings Bhd as the title sponsor for PIKOM Unicorn Tech Awards Night 2019.