| LATEST NEWS | Ringgit slips to 3.9620/9670 against the US dollar from 3.9530/9585 on Tuesday | JPA directed to devise programmes to enhance PDRM professionalism; welfare a priority, including higher education opportunities — PM Anwar | Gov't assures no interference in PDRM duties, will continue to support bold action - PM Anwar | Previously frozen KDN procurement decisions now being released - PM Anwar | Malaysia’s jump in Global Peace Index results from 6.4 per cent drop in crime index - IGP | |
KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.
KUALA LUMPUR, March 17 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (Epic) is targeting a higher revenue of RM470 million for the financial year 2025 (FY2025), following its strong FY2024 performance that saw revenue reaching RM403.8 million, the highest in the company’s history.
KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.
KOTA KINABALU, March 7 (Bernama) - The Sabah government has called on oil and gas services and equipment (OGSE) companies in the state to grab opportunities in the sector provided by national oil company Petronas in the next two years.
LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.
HANOI, Feb 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has expressed hope that the cooperation between national oil company Petroliam Nasional Bhd (Petronas) and the Vietnam Oil and Gas Group (Petrovietnam) in the maritime border area of both countries will be formalised in May this year.
KUALA LUMPUR, Feb 26 (Bernama) – Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) will expedite cooperation in Vietnam’s energy sector, encompassing upstream and downstream activities, gas, and renewable energy (RE), said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).
KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.
KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023.
