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Icon Offshore bags contract to supply vessel to Petronas Carigali

KUALA LUMPUR, Sept 11 -- Icon Offshore Bhd's (Icon) wholly-owned subsidiary, Icon Offshore Group Sdn Bhd (IOGSB), has bagged a contract valued at RM25.6 million from Petronas Carigali Sdn Bhd to supply an offshore support vessel.

Govt to launch Smart City Council by year-end

By Nurul Hanis Izmir

KUALA LUMPUR, Sept 11 -- The government will be launching the Smart City Council under the Malaysia Smart City Framework 2018-2025 by year-end to advise chief ministers and menteri besar of all the 13 states towards creating smart cities which are liveable, workable and sustainable.

Access to energy, electricity critical to drive development, says Azmin

KUALA LUMPUR, Sept 10 -- Access to energy and electricity is critical to drive the development of various sectors of the economy as well as to uplift socio-economic wellbeing of the public, especially in the rural areas, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

Solarvest hopes government incentivise solar PV installations in homes

KUALA LUMPUR, Sept 10 -- Solarvest Holdings Bhd hopes the government will come up with more initiatives to boost the uptake of solar photovoltaic (PV) installations in residential homes in the upcoming 2020 Budget.

Oil company in Nigeria loses 11,000 barrels of oil daily to theft in 2018

LAGOS, Sept 10 -- The Shell Petroleum Development Company (SPDC) in Nigeria on Monday confirmed a daily loss of about 11,000 barrels of oil from its pipelines to crude oil theft in the Niger Delta region in 2018, more than the approximate 9,000 barrels per day in 2017, Xinhua news agency reported, quoting a company’s spokesman.

RAM-rated Edra Solar's sustainability sukuk breaks new ground

KUALA LUMPUR, Sept 10 -- Edra Solar Sdn Bhd’s proposed RM245 million Asean sustainability socially responsible investment (SRI) sukuk is not only a trailblazer in blending green and social elements but has the distinction of carrying a combination of three different types of ratings -- another market first.

ExxonMobil partners Porsche to power Formula E series car 2019/2020 season

KUALA LUMPUR, Sept 10  -- ExxonMobil has expanded its global business and technical partnership with Porsche by teaming with the luxury German automaker on its Formula E series car for the 2019/2020 season.

Khazanah & Mubadala discuss potential strategic collaboration -- Azmin

KUALA LUMPUR, Sept 9 -- Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said that discussions on potential collaboration between Khazanah Nasional Bhd and Mubadala Investment Company took place during his audience with the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan.

Azmin in UAE for energy meet

KUALA LUMPUR, Sept 9 -- Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has embarked on a working visit to the United Arab Emirates (UAE) to lead the Malaysian delegation to the 8th Asian Ministerial Energy Roundtable (AMER8) and the 24th World Energy Congress in Abu Dhabi (WEC24). 

Kedah's solar farm to boost industrial & agro activities in state

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 9 -- Kedah is now home to one of Malaysia's largest solar farms that will provide clean energy to support industrial and agricultural activities in the state and bring about immense spillover economic benefits to the community.