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High likelihood for budget recalibration, says OCBC

By Farhana Poniman

KUALA LUMPUR, March 11 – The recent plunge in global oil price, driven by an acute demand dislocation and the lack of an OPEC+ agreement on production cuts, would likely bring about the recalibration of Malaysia’s 2020 Budget.

Serba Dinamik unaffected but monitoring current oil & gas price volatility

By Mohd Iswandi Kasan Anuar

KUALA LUMPUR, March 10 -- Oil and gas price volatility will not have a long-term impact on Serba Dinamik Holdings Bhd's operation and maintenance (O&M) activities.

KAF Equities downgrades O&G sector to "neutral"

KUALA LUMPUR, March 10 -- KAF Equities Sdn Bhd has downgraded the oil and gas (O&G) sector to “neutral” from “overweight” following the shocking collapse in oil prices.

Serba Dinamik's FY19 net profit jumps to RM497 mln

KUALA LUMPUR, Feb 26 -- Serba Dinamik Holdings Bhd’s net profit jumped to RM496.64 million for the financial year ended Dec 31, 2019 (FY19) from RM391.48 million in the preceding year.

Petronas committed to supporting Sarawak's O&G industry development

KUCHING, Feb 12 -- Petroliam Nasional Bhd (Petronas) is committed to supporting the aspiration of the Sarawak Government in developing the oil and gas industry for the benefit of the people of Sarawak and the nation. 

AmInvestment Bank maintains "buy" call on Serba Dinamik

KUALA LUMPUR, Feb 11 -- AmInvestment Bhd has maintained its ‘buy’ call on Serba Dinamik Holdings Bhd (Serba) with an unchanged forecast and dilutes sum-of-parts-based fair value of RM3 per share.

Malaysia not ready for nuclear energy - Mahathir

CYBERJAYA, Feb 10 -- Prime Minister Tun Dr Mahathir Mohamad said Malaysia will not build nuclear power plants until there is a safe way to dispose off the radioactive waste generated.

PetDag has no plan to stop NGV business

KUALA LUMPUR, Feb 5 -- Petronas Dagangan Bhd (PetDag) is not planning to stop its natural gas for vehicles (NGV) service to customers.

ChemOne launches US$3.38 billion PEC in Johor

KUALA LUMPUR, Feb 5 -- ChemOne Group, an oil and gas, petrochemicals and natural resources conglomerate, has announced the launch of the US$3.38 billion Pengerang Energy Complex (PEC) in Johor.

Serba Dinamik kicks start 2020 by securing 12 projects

KUALA LUMPUR, Feb 4 -- Serba Dinamik Holdings Bhd, through its subsidiaries, has secured 12 projects thus far this year.