| LATEST NEWS | The ringgit opened firmer at RM4.04 against the US dollar on Wednesday, reaching almost its five-year high | |
LABUAN, Nov 22 (Bernama) -- The Labuan Crude Oil Terminal (LCOT), one of Malaysia’s earliest and most enduring oil and gas installations, continues to stand as a symbol of national resilience and operational excellence as it celebrates its 50th anniversary, said Hibiscus Petroleum Bhd chairman Zainul Rahim.
KUALA LUMPUR, Aug 4 (Bernama) -- Hibiscus Petroleum Bhd is targeting production of 70,000 barrels of oil equivalent per day (boe/day) and 2P reserves of 150 million barrels of oil equivalent (MMboe) by 2030.
By Anas Abu Hassan and Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia closed mixed today with the benchmark index slipping 0.15 per cent due to profit-taking in selected blue chips, despite improving sentiment in key regional market performance, an analyst said.
KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued to ease at the end of the morning trading session today, weighed down by persistent selling in selected heavyweights, coupled with declining oil prices amidst the ongoing tension in the Middle East.
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened marginally lower on Tuesday as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.
KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.
KUALA LUMPUR, June 13 (Bernama) -- Israel’s military strike on Iran earlier today sent oil prices sharply higher, pushing up the Bursa Malaysia Energy Index by 2.01 per cent to 740.76 points from 726.13 points at yesterday’s close.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia closed lower on Friday, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks.
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia opened lower on Friday, retreating from the previous day’s gains, weighed down by weak performances across regional markets.
KUALA LUMPUR, April 17 (Bernama) -- Hibiscus Petroleum Bhd, through its wholly owned subsidiary Simpor Hibiscus Sdn Bhd, has signed a long-term US$100 million (RM439 million) Islamic syndicated financing agreement with Bank Islam Brunei Darussalam (BIBD) and Baiduri Bank.
KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.
