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Velesto Energy bags drilling contract worth US$8 mln

KUALA LUMPUR, March 26  -- Malaysian offshore drilling company Velesto Energy Bhd (VEB) has secured a contract to provide a jack-up drilling rig for ConocoPhillips worth US$8 million (RM33.1 million).

More benefits in store for smart meter, MyTNB application users

KUALA LUMPUR, March 26  -- Users of smart meters and myTNB applications will receive more benefits through the addition of new features as well as service upgrades by the fourth quarter, at the latest.

SEA Electric to purchase 1,000 electric vehicle batteries from Soundon  

KUALA LUMPUR, March 26 -- Global automotive technology company SEA Electric, along with its proprietary SEA-Drive® technology, has expanded its global reach through the purchase of 1,000 electric vehicle batteries from Soundon New Energy Technology Co.

Malton, HWGB inks MoU to explore electric vehicle venture

KUALA LUMPUR, March 26 -- Malton Bhd has entered into a memorandum of understanding (MoU) with Ho Wah Genting Bhd (HWGB) on its intention to invest in the latter’s new wholly-owned subsidiary, HWGB EV Sdn Bhd.

Petronas becomes world’s first to produce LNG from two floating facilities  

KUALA LUMPUR, March 25 -- Petroliam Nasional Bhd (Petronas) has become the first global energy company to produce liquefied natural gas (LNG) from two floating facilities following the first cargo delivery by Petronas Floating LNG DUA (PFLNG DUA) on March 24, 2021.

Nenggiri hydroelectric dam: TNB to discuss with interest groups including Suhakam

IPOH, March 24 -- Tenaga Nasional Berhad (TNB) will hold discussions with the interest groups on the construction of the Nengiri hydroelectric dam in Gua Musang, Kelantan which was objected to by more than 3,000 Orang Asli in the area.

Smart plant management contributes to TNB’s LSS Sepang consistent performance

KUALA LUMPUR, March 24 -- Tenaga Nasional Bhd’s (TNB) maiden large scale solar (LSS) farm in Sepang has exceeded its maximum annual energy declared for two consecutive years through smart plant management combined with the adoption of artificial intelligence and data analytics technologies.

State revenue expected to rise with new gas discovery - Abang Johari

SEBUYAU (Sarawak), March 23 -- Sarawak's revenue derived from gas and oil resources is expected to increase following the recent discovery of new gas fields in Sarawak waters, said Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg.

Petronas remains optimistic on oil and gas potential

KUALA LUMPUR, March 23 -- Petroliam Nasional Bhd (Petronas) remains optimistic of strong potential in oil and gas and is making every effort to create conducive investment conditions.

EPU in final stage of formulating National Energy Policy - Mustapa

KUALA LUMPUR, March 23  -- The Economic Planning Unit (EPU) is in the final stage of formulating Malaysia's National Energy Policy, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.