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KUALA LUMPUR: Petronas today announced new gas discoveries in three of its upstream ventures in Malaysia, Indonesia and Australia.
GEORGE TOWN: Oriental Holdings Bhd’s fourth oil mill, to be built at a cost of RM156.1mil, in Sumatra, Indonesia will start operations in 2019.
However, acquisition may not be earnings accretive in the near term
KUALA LUMPUR: Instacom Group Bhd plans to collaborate with Indonesian palm oil plantation firm PT Kharisma Kemingking to jointly develop a port and an integrated industrial and commercial development on 2,155.52ha in the Jambi province of Sumatra.
JAKARTA: Indonesia's PT Bukit Asam Tbk is eyeing permits from the Indonesian and Malaysian governments for a power plant project with 800 to 1,200 megawatt (MW) capacity, intended to serve consumers in both countries.
PETALING JAYA: The earthquake that hit Padang, west Sumatra will not have a big impact on Malaysian companies as Padang is not a 'hot spot' for Malaysian palm oil producers.
LOCAL port operator Integrax Bhd is looking at expanding operations to Sumatra. A delegation of company officials is set to meet up with the governor of North Sumatra among others; to discuss the possibility of initiating port operations, in a meeting scheduled this coming Monday.