SMJ Energy Acquires 20 Pct Stake In North Sabah Production Sharing Contract

KOTA KINABALU, Nov 29 (Bernama) -- Sabah is poised to secure a bigger share in oil and gas resources following state-owned SMJ Energy's (SMJE) acquisition of a 20 per cent non-operating participating interest in the North Sabah enhanced oil recovery production sharing contract (EOR PSC).

MPOC Hosts Trade Networking Visit For 37 Chinese Buyers, Strengthens Malaysia-China Palm Oil Ties

KUALA LUMPUR, Nov 28 (Bernama) -- The Malaysian Palm Oil Council (MPOC) successfully hosted a Trade Networking Visit for 37 prominent Chinese buyers from Nov 25 to 27, 2025.

Kuala Lumpur Rubber Market Closes Lower In Tandem With Regional Peers

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market closed lower today, mirroring the weakness in regional rubber futures markets, a dealer said.

CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger soybean oil prices.

China's Palm Oil Buyers Urged To Negotiate With Malaysian Exporters For Better Prices

PETALING JAYA, Nov 27 (Bernama) -- The Plantation and Commodities Ministry (KPK) has advised palm oil buyers from China to negotiate with local industry players to enjoy better palm oil prices.

Palm Oil Sector Remains ‘Bullish’ Towards 2026, CPO Above RM4,000 — Johari

PETALING JAYA, Nov 27 (Bernama) -- The palm oil sector in Malaysia is expected to remain stable by 2026, in line with the rebound in soybean oil prices that will narrow the large price gap between the two oils, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

FBM KLCI Opens Higher, Tracking Wall Street Rally

By Anas Abu Hassan

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Thursday, extending gains amid improved sentiment following a rally on Wall Street and firmer global markets.

CPO Futures End Higher On MPOB’s Lower Output Estimate

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 26 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher on Wednesday, following the Malaysian Palm Oil Board’s (MPOB) lower estimate of Malaysian palm oil production.

Genting Plantations' 3Q Net Profit Rises To RM86.5 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Genting Plantations Bhd posted a net profit of RM86.50 million for the third quarter (3Q) ended Sept 30, 2025, up from RM83.05 million a year earlier amid stronger palm kernel (PK) prices and better sales volume.

Petronas Dagangan Net Profit Falls To RM281.25 Mln In 3Q

KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd posted a lower net profit of RM281.25 million in the third quarter ended Sept 30, 2025 (3Q) compared with RM335.13 million recorded in the same period a year ago.

CPO Futures Close Lower On Weak Demand, Rising Output Concerns

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, pressured by concerns over weak demand and expectations of rising output in the coming weeks.

Sarawak Oil Palms Net Profit Slips To RM110.95 Mln In Third Quarter

KUALA LUMPUR, Nov 25 (Bernama) -- Sarawak Oil Palms Bhd's (SOPB) net profit for the third quarter (3Q) ended Sept 30, 2025, slipped to RM110.95 million from RM121.80 million in the same period last year.