News List

Jerun CPP job to drive order book momentum for Sapura Energy

KUALA LUMPUR, Jan 8  -- Sapura Energy Bhd's order book is expected to be boosted further as it is expected to secure the engineering, procurement, construction and installation (EPCIC) contract for the central processing platform (CPP) for SapuraOMV Upstream Sdn Bhd's Jerun field development, offshore Sarawak. 

Petronas Carigali takes over operatorship of E11 gas hub, offshore Sarawak

KUALA LUMPUR, Jan 7  -- Petronas’ subsidiary, Petronas Carigali Sdn Bhd (PCSB), has taken over the operatorship of the E11 gas hub, located 130km offshore Bintulu, Sarawak, effective Jan 1, 2021.

Kedah to receive RM1.5 bln investment in green vehicle tech, defence sectors -- MB

BUKIT KAYU HITAM, Jan 6 -- Kedah is poised to receive investment in green vehicle technology and defence equipment industries worth RM1.5 billion, Menteri Besar Muhammad Sanusi Md Nor said.

Malaysia's renewable energy industry on the right track -- Plus Solar

KUALA LUMPUR, Jan 6 -- Clean energy solutions company, Plus Solar Systems Sdn Bhd believes that government policies, digitalisation and smart grid initiatives will act as growth catalysts in the Malaysian renewable energy (RE) industry.

ITRAMAS targets 60 pct revenue from solar segment

KUALA LUMPUR, Jan 3 -- ITRAMAS Corporation Sdn Bhd remains optimistic of its business prospects and targeting a higher revenue of RM300 million this year from RM250 million previously, for its multiple segments, mainly green technology.

Cypark's FY20 net profit falls to RM70.56 mln

KUALA LUMPUR, Dec 31 -- Cypark Resources Bhd's net profit decreased to RM70.56 million for the financial year ended Oct 31, 2020 (FY20), from RM91.28 million registered in the previous year.

Petronas anticipates challenging oil & gas industry in 2021

KUALA LUMPUR, Dec 31 -- The oil and gas industry outlook in 2021 is expected to remain challenging due to the unprecedented demand destruction from the COVID-19 pandemic which has made a profound impact on both the domestic and global markets, said Petroliam Nasional Bhd (Petronas).

KeTSA introduces three initiatives to encourage use of solar PV

PUTRAJAYA, Dec 29 -- The Energy and Natural Resources Ministry (KeTSA) is introducing the Net Energy Metering (NEM) 3.0 programme to provide an opportunity for more users to install the solar photovoltaic (PV) systems on the roofs of their respective buildings for electricity bill reduction.

Malaysia Airports appoints CES as cooling energy concessionaire at KLIA

KUALA LUMPUR, Dec 23  -- Cooling Energy Supply Sdn Bhd (CES) has entered into a concession agreement with Malaysia Airports (Sepang) Sdn Bhd for the operation, maintenance and upgrade of a district cooling co-generation plant.

Lithium Werks sells Valence™ module, BMS assets to Lithion Power Group

KUALA LUMPUR, Dec 23 -- Lithium Werks, a global leader in Lithium Iron Phosphate cell manufacturing, technology, and intellectual property, has sold its Valence™ module and BMS assets to Lithion Power Group, a vertically integrated manufacturer of cells and rechargeable and non-rechargeable battery packs.