By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Dec 16 -- The fallout from COVID-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing.
KUALA LUMPUR, Dec 15 -- Malaysia’s oil and gas services and equipment (OGSE) industry has seen green shoots of recovery since the financial year 2019 (FY19), owing to a modest pickup in project activities and fewer impairments.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 15 -- Serba Dinamik Holdings Bhd expects its proposed private placements will improve its net gearing to between 0.5x and 0.6x from 0.88x upon completion of the exercise in January 2021.
KUALA LUMPUR, Dec 14 -- The Environmental Protection Society Malaysia has urged palm oil stakeholders to step up their engagement with environmental, cultural and social organisations when dealing with external parties pertaining to the negative perception against palm oil.
SEOUL, Dec 14 -- Hanwha Energy Corp., South Korea's renewable energy company, said Monday it has completed a 48-megawatt solar power plant in Malaysia and started commercial production, Yonhap news agency reported.
KUALA LUMPUR, Dec 11 -- Petroliam Nasional Bhd (Petronas) has via its subsidiary, Petronas Suriname E&P B.V. (PSEPBV), has made its first discovery of hydrocarbon in Suriname with the successful drilling of the Sloanea-1 exploration well located in Block 52.
VIENTIANE, Dec 10 -- Vietnam plans to import more electricity from Laos to address its projected energy shortages, Xinhua news agency quoting Lao local media reported.
KUALA LUMPUR, Dec 9 -- Kumpulan Powernet Bhd (Kpower), which has managed to secure RM1.4 billion orderbook in Malaysia, ASEAN countries and Nepal, aims to further increase its orderbook by an additional RM2 billion in this financial year (FY) ending June 30, 2021.
KUALA LUMPUR, Dec 8 -- Fitch Ratings has downgraded Petroliam Nasional Bhd’s (Petronas) long-term foreign- and local-currency issuer default ratings (IDRs) to 'BBB+' from 'A-', with the outlook at stable.
BAKU, Dec 8 -- The 10th International Caspian Energy Investment Forum Baku 2020 will be held online on Dec 23.
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