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Papar Dam will begin construction as soon as new plan is ready - Peter

PAPAR, June 26 (Bernama) -- The construction of the Papar Dam will begin as soon as the new plan is ready, said Sabah Infrastructure Development Minister Datuk Peter Anthony.

Lack of political commitment for RE agenda in Malaysia: Jomo

KUALA LUMPUR, June 25 (Bernama) -- Prominent economist Prof Dr Jomo Kwame Sundaram today stressed on the need for political commitment to push for a swift implementation of the renewable energy (RE) agenda as the enforcement of the alternative energy is seen to be lagging behind.

Sri Lankan PM inaugurates Malaysian-owned lubricant plant

By Azman Ujang

COLOMBO, June 25 (Bernama) -- It was a big day both for Malaysia and Sri Lanka amidst a strong presence of Sri Lankan dignitaries led by Prime Minister Ranil Wickremesinghe who inaugurated a Malaysian-owned US$30 million lubricant blending plant near here late Monday.

Oil prices likely to linger around US$65-US$75 per barrel in 2H2019

KUALA LUMPUR, June 25 (Bernama) -- Oil prices are expected to trade around US$65 to US$75 per barrel in the second half of this year (2H19) , but, continuous geopolitical conflicts could push it higher, said FGE chairman and founder,  Dr Fereidun Fesharaki.

Handal Resources' JV company bags RM360 million contract from Petronas Carigali

KUALA LUMPUR, June 25 (Bernama) -- An integrated offshore services provider, Handal Resources Bhd's joint venture company Borneo Seaoffshore-Handal JV has secured a RM360 million contract from Petronas Carigali Sdn Bhd. 

Most Malaysians view palm oil as healthier than soyoil - UCSI Poll

KUALA LUMPUR, June 24 (Bernama) -- Nearly 80 per cent of Malaysian residents agree that palm oil is a healthier option to soyoil, according to the result of a recent survey by the UCSI Poll Research Centre.

Serba Dinamik Holdings seeks opportunities in Melaka

KUALA LUMPUR, June 24 (Bernama) -- Serba Dinamik Holdings Bhd has sealed a collaboration with Perbadanan Kemajuan Negeri Melaka to explore opportunities in Melaka related to oil and gas, engineering and civil works as well as construction and development projects.

MPK cut electricity to illegal factory

KLANG, June 24 (Bernama) -- An illegal plastic processing factory which was still operational despite being sealed five times by the Klang Municipal Council (MPK) was finally paralysed when the power supply to the premises was cut today.

Lower crude oil prices a turn-off for investment - Petronas

KUALA LUMPUR, June 24 (Bernama)  -- Petroliam Nasional Bhd (Petronas) today said not enough investment was made in oil and gas projects during the times when oil prices were low especially in the projects that required a long gestation period.  

Malaysia actively pursuing energy market reforms to attract investment - Azmin

KUALA LUMPUR, June 24 (Bernama) -- Malaysia is actively pursuing energy market reforms to enhance the country’s attractiveness as the preferred destination for energy investments, said the Economic Affairs Minister Datuk Seri Mohamed Azmin Ali today.