News List

Nenggiri hydroelectric dam project expected to solve flood problem in Kelantan - TNB

KOTA BHARU, Feb 28 -- The proposed hydroelectric dam in Nenggiri, Gua Musang, when built, is expected to solve the flood problem in Kelantan. 

Serba Dinamik net profit soars to RM631.7 mln in FY20

KUALA LUMPUR, Feb 26  -- Serba Dinamik Holdings Bhd's net profit jumped to RM631.74 million for the financial year ended Dec 31, 2020 (FY20), from RM496.64 million recorded in FY19.

SCIB's earnings, revenue jump significantly in FY20

KUALA LUMPUR, Feb 26 -- Sarawak Consolidated Industries Bhd’s (SCIB) net profit jumped to RM52.17 million in its financial year ended Dec 31, 2020 (FY20) from RM3.15 million in FY19.

Melaka to invest RM1.5 bln on reclamation, oil and gas projects

MELAKA, Feb 25 -- The Melaka government and the Melaka State Development Corporation (PKNM) will embark on a project to reclaim 180 hectares of sea in the Umbai sub-district, near here, soon.

Upflex to offer workplace flexibility for Schneider Electric employees

KUALA LUMPUR, Feb 24 -- Upflex Inc, the largest global network of workspaces has been selected by Schneider Electric to offer thousands of employees in the United States (US) with a more flexible working experience. 

Petronas announces gas discovery in Baram exploration well

KUALA LUMPUR, Feb 24 -- Petroliam Nasional Bhd (PETRONAS) has announced a gas discovery from Dokong-1 wildcat exploration well in Block SK417 Production Sharing Contract (PSC), located in the shallow waters of Baram Province, approximately 90 kilometres off the coast of Sarawak.

Applications for FiT quota to be opened in June

PUTRAJAYA, Feb 23 -- The government, through the Sustainable Energy Development Authority (SEDA) Malaysia, will open applications for feed-in tariff (FiT) quotas totalling 188 megawatts (MW) for biogas, mini hydro and biomass resources in Peninsular Malaysia in June.

Petronas awards Block SB405 to ConocoPhillips, Petronas Carigali

KUALA LUMPUR, Feb 19  -- Petroliam Nasional Bhd (Petronas) has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Ltd (COPEM) a subsidiary of ConocoPhillips and Petronas Carigali Sdn Bhd (PCSB).

NEM 3.0 to be better if quota allocation was revised upwards to 1GW -- industry player

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 22  -- Since there is more awareness, adoption and demand from the market for solar energy, the quota allocation of 500 megawatts (MW) for the new Net Energy Metering (NEM) 3.0 would have been even better if it was revised upwards to 1 GW as solar has already evolved.

Petronas Gas to build RM541 mln pipeline for power plant in Pulau Indah

KUALA LUMPUR, Feb 22 -- Petronas Gas Bhd (PGB) has approved a final investment decision for the construction of a new lateral gas pipeline costing RM541.07 million.