News List

Petronas to announce succession plan soon as Mohd Anuar steps down

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd (Petronas) will announce a succession plan soon following the departure of its executive vice president and upstream business chief executive officer Datuk Mohd Anuar Taib.

Petronas to enhance critical facilities security following Saudi oil attacks

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd (Petronas) plans to enhance the security of its critical facilities given the recent attacks on two major facilities run by Saudi Arabia's state oil giant, Saudi Aramco.

France supports Malaysia's sustainable palm oil, says Minister of State

KUALA LUMPUR, Sept 20 -- The French government will help Malaysia promote the country’s sustainable palm oil products by providing scientific findings of the products to its people.

Petronas' net profit for Q2 up 8 pct to RM14.7 bln

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd's (Petronas) net profit increased 8.0 per cent to RM14.7 billion for the second quarter ended June 30, 2019, from RM13.6 billion a year ago, on the back of the weakening ringgit against the US Dollar, partially offset by higher production costs. 

Mydin Holdings becomes first retailer to install solar PV

KUALA LUMPUR, Sept 19 -- Mydin Mohamed Holdings Bhd (Mydin) has become the first chain retailer to install solar rooftop photovoltaic (PV) at Mydin Mall Manjoi, Ipoh, Perak.

Govt role vital for RE success - Jomo

KUALA LUMPUR, Sept 19 --  A strong political will is needed to push for renewable energy (RE) in Malaysia, said prominent economist Prof. Jomo Kwame Sundaram.

Allianz General, Anora and Solarvest ink MoU to further promote renewable energy

KUALA LUMPUR, Sept 19 -- Allianz General Insurance Company Bhd and its agency partner, Anora Agency Sdn Bhd, will be partnering Solarvest Holdings Bhd towards creating a sustainable and greener future through the promotion of renewable energy.

Strong political will needed to push for renewable energy in Malaysia - Jomo

KUALA LUMPUR, Sept 19 --  A strong political will is needed to push for renewable energy in Malaysia, said prominent economist Professor Dr Jomo Kwame Sundaram today.

Saudi oil production to be fully restored by end of September: Energy Minister

RIYADH, Sept 18 -- Saudi Arabia's Energy Minister Abdulaziz bin Salman Al Saud said Tuesday that Saudi oil production, suspended earlier due to attacks on two major Aramco facilities, would be fully restored by the end of September, Xinhua news agency reported.

Govt's target of 50 pct renewable energy generation by 2050 is achievable - accenture

The government’s target of 50 per cent renewable energy generation by 2050 is achievable with current trajectory and support, said Asean Smart Grid Services Lead, Accenture, Singapore, managing director Lim Chih Shoong.