News List

Petrol prices: RON97 down 11 sen, RON95 and diesel unchanged

KUALA LUMPUR, July 26 (Bernama) -- The retail price of RON97 petrol will drop by  11 sen to RM2.56 per litre for  the fuel  price week July 27 to Aug 2.

Hibiscus Petroleum's associate awarded VIC/P74 permit in Australia

KUALA LUMPUR, July 26 (Bernama) -- Hibiscus Petroleum Bhd's associate company, 3D Oil Ltd has been awarded the VIC/P74 exploration permit in the offshore Gippsland Basin, Australia by the National Offshore Petroleum Titles Administrator (NOPTA).

PCG to spend US$12 bln for future deals to 2037

KOTA TINGGI, July 26 (Bernama) -- Petronas Chemicals Group Bhd (PCG) has earmarked about US$12 billion (US$1=RM4.116) to be spent over the next 18 years for future deals, with the focus on specialty chemicals.

Hibiscus Petroleum shares up after striking first oil

KUALA LUMPUR, July 25 (Bernama) -- Shares of Hibiscus Petroleum Bhd rose today after the company has struck its first oil in the North Sabah Production Sharing Contract (North Sabah PSC).

Hibiscus Petroleum hits first oil in North Sabah

KUALA LUMPUR, July 24 (Bernama) -- Hibiscus Petroleum Bhd's wholly-owned subsidiary SEA Hibiscus Sdn Bhd, the operator of the 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (PSC), has struck first oil from the St Joseph field under the North Sabah PSC.

Malaysia's economy grew 5.5 per cent in 2018, GDP value at RM1.4 trillion - DoSM

KUALA LUMPUR, July 24 (Bernama) -- Malaysia’s economy grew 5.5 per cent in 2018 with a gross domestic product (GDP) value of RM1.4 trillion at current prices, said the Department of Statistics Malaysia (DoSM). 

Solar industry can generate more jobs

The Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC) is confident that the solar industry will be able to create more jobs in the country.

IP on TNB's overcharged bills with AGC

BANGI, July 23 (Bernama) -- The probe into Tenaga Nasional Berhad (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed with the investigation paper (IP) sent to the Attorney-General’s Chambers (AGC) for feedback. 

Establishment of Mineral Development Authority of Malaysia being studied

PUTRAJAYA, July 22 (Bernama) -- The Water, Land and Natural Resources Ministry is studying the establishment of Mineral Development Authority of Malaysia to spur the development and governance of the mineral industry in a specific and holistic way including its regulations.

Wong Kah Woh is new SEDA Chairman

KUALA LUMPUR, July 22 (Bernama) -- The Sustainable Energy Development Authority (SEDA) today announced the appointment of Wong Kah Woh as its chairman effective July 1, replacing Datuk Ir Ahmad Fauzi Hasan, who has been serving as acting chairman since July last year.