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NEW YORK: Oil edged up slightly on Friday even as the COVID-19 crisis in India worsened, and prices notched a second weekly gain against the backdrop of optimism over a global economic recovery.
PETALING JAYA: MISC Bhd began its financial year of 2021 (FY21) on a firm footing as revenue from its offshore business, contributed mainly by the construction of a floating production, storage and offloading (FPSO) unit, helped to offset the decline in top line of its other business segments.
Bank Negara Malaysia’s monetary policy committee maintained the overnight policy rate (OPR) at 1.75%, which was in line with economists’ expectations.
Firms adapting well in a fluid business environment
ABU DHABI: Abu Dhabi National Oil Co (Adnoc) is close to hiring JPMorgan Chase & Co and First Abu Dhabi Bank PJSC to help arrange the potential listing of its drilling business, according to people familiar with the matter.
KUALA LUMPUR: Oil and gas (O&G) stocks are among the most active counters on Bursa Malaysia in early trade Wednesday on stronger Brent crude oil price.
KUALA LUMPUR: T7 Global Bhd has secured RM50mil work order from Petronas Carigali Sdn Bhd for the provision of plug and abandonment integrated services for Pulai A.
Company’s Q1 losses are likely a temporary setback