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51 pct oil palm land in Malaysia MSPO certified as at Aug, 31 2019

JOHOR BAHRU,  Sept 21  -- About 51 per cent of the country's 5.85 million hectares of oil palm land in the country have obtained the Malaysian Sustainable Palm Oil (MSPO) certification until August 31 this year.



MTJA to grant US$2 mln each to Malaysia & Thailand for petroleum R&D

By Linda Khoo Hui Li



BANGKOK,  Sept 20 -- The Malaysia and Thailand Joint Authority (MTJA) will provide an endowment of US$2 million to each government to support research and development (R&D) in petroleum activities for the Joint Development Area (JDA).



Pahang to receive investments worth RM1.38 blnĀ from China

KUANTAN, Sept 20  -- Pahang will be getting RM1.38 billion of investments from China via a Memorandum of Understanding (MoU) signed with six companies from the country.



RON97 price up 14 sen, no change for RON95 and diesel

KUALA LUMPUR, Sept 20 -- The retail price of RON97 petrol is up 14 sen to RM2.67 per litre, while the prices of RON95 petrol and diesel remain unchanged at RM2.08 and RM2.18 per litre, respectively, for the week beginning Sept 21 to 27, the Finance Ministry announced in a statement today.



Petronas to announce succession plan soon as Mohd Anuar steps down

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd (Petronas) will announce a succession plan soon following the departure of its executive vice president and upstream business chief executive officer Datuk Mohd Anuar Taib.



PetronasĀ to enhance critical facilities security following Saudi oil attacks

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd (Petronas) plans to enhance the security of its critical facilities given the recent attacks on two major facilities run by Saudi Arabia's state oil giant, Saudi Aramco.



France supports Malaysia's sustainable palm oil, says Minister of State

KUALA LUMPUR, Sept 20 -- The French government will help Malaysia promote the country’s sustainable palm oil products by providing scientific findings of the products to its people.



Petronas' net profit for Q2 up 8 pct to RM14.7 bln

KUALA LUMPUR, Sept 20  -- Petroliam Nasional Bhd's (Petronas) net profit increased 8.0 per cent to RM14.7 billion for the second quarter ended June 30, 2019, from RM13.6 billion a year ago, on the back of the weakening ringgit against the US Dollar, partially offset by higher production costs. 



Mydin Holdings becomes first retailer to install solar PV

KUALA LUMPUR, Sept 19 -- Mydin Mohamed Holdings Bhd (Mydin) has become the first chain retailer to install solar rooftop photovoltaic (PV) at Mydin Mall Manjoi, Ipoh, Perak.



Govt role vital for RE success - Jomo

KUALA LUMPUR, Sept 19 --  A strong political will is needed to push for renewable energy (RE) in Malaysia, said prominent economist Prof. Jomo Kwame Sundaram.





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