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Govt to provide subsidy if oil prices soar - Dr Mahathir

PUTRAJAYA, Sept 15 -- Saudi Arabia’s move to temporarily suspend production at the state-owned Aramco’s two major oil facilities following the drone attacks by Yemeni rebels will definitely impact the global oil prices, according to Prime Minister Tun Dr Mahathir Mohamad.

UMW M&E expands distributorship via Buraqoil's independent dealers

KUALA LUMPUR, Sept 13  -- UMW M&E Sdn Bhd (UMW M&E), a wholly-owned subsidiary in the UMW Group, has inked a distributorship collaboration agreement with Buraqoil Corporation Sdn Bhd (Buraqoil).

RON97 petrol price rises, RON95 petrol, diesel prices unchanged

KUALA LUMPUR, Sept 13  -- The retail price of RON97 petrol will be higher by three sen, at RM2.53 per litre, while the prices of RON95 petrol and diesel will remain the same, at RM2.08 and RM2.18 per litre, respectively, from tomorrow to Sept 20.

MPOB, FGV flag off B20 commercial trial project

KUALA LUMPUR, Sept 13 -- The Malaysian Palm Oil Board and FGV Holdings Bhd are conducting a trial project for the use of a blend of 20 per cent palm biodiesel and 80 per cent petroleum diesel, namely B20, for diesel vehicles.

Sabah, Sarawak oil royalty promises stymied by legacy issues - Lim

PETALING JAYA, Sept 13 -- Legacy issues from the previous government are preventing the implementation of promises under the Pakatan Harapan manifesto, especially the oil royalty for Sabah and Sarawak, says Finance Minister Lim Guan Eng.

ExxonMobil new products improve electric vehicle battery performance

KUALA LUMPUR, Sept 13 -- ExxonMobil, the largest publicly traded international oil and gas company recently launched its Mobil EV™ offering to meet the evolving drivetrain requirements of battery-operated electric vehicles.

Aerodyne to develop solutions for telecommunication industry

KUALA LUMPUR, Sept 12  -- Malaysia’s homegrown artificial intelligence (AI)-driven drone service provider, Aerodyne Group, is poised to develop specific solutions to uplift the operational efficiency of the telecommunication industry.

Vista Global offers fastest in-flight broadband speed to private aviation

KUALA LUMPUR, Sept 12  -- Vista Global Holding via a revolutionary technology partnership with Collins Aerospace Systems is providing the fastest broadband speeds to private aviation customers.

Petronas wants govt to provide incentives for maritime industry to promote cleaner fuel

KUALA LUMPUR, Sept 12  -- Petroliam Nasional Bhd (Petronas) hopes to convince the government to provide incentives as a move to support the utilisation of cleaner fuels in the maritime industry, Vice President LNG marketing and trading, Ahmad Adly Alias said.

Serba Dinamik provides US$30 mln for TVET in IDB member countries

KUALA LUMPUR, Sept 12 -- Serba Dinamik Holdings Berhad (Serba Dinamik) has signed an agreement with the Islamic Development Bank (IDB) to provide US$30 million for Technical and Vocational Education Training (TVET) in the energy sector.