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PETALING JAYA: Diversifying into renewable energy (RE) and technology is Uzma Bhd’s way of keeping its revenue streams intact as the global trend in energy transition is to move away from fossil fuels.
KUALA LUMPUR: The ringgit climbed 50 basis points (bps) against the US dollar at the opening, fuelled by strong crude oil prices which rose nearly 5.0 per cent overnight due to rising demand.
KUALA LUMPUR: The FBM KLCI continued to display caution on Thursday morning, suggesting another flattish session ahead near the 1,600-point level.
THE struggles of policymakers in North America and Europe to comprehend the transformation of the world economy and its shift to Asia in recent decades have led to a distorted picture of global change.
Analysts concur project will boost firm’s profitability
Pipeline deal shows kingdom’s reliance on its mainstay
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd said it has secured a contract from SapuraOMV Upstream (Sarawak) Inc.
KUALA LUMPUR: Shares in Reservoir Link Energy Bhd rose in early trade after winning a three-year contract from Petronas Carigali Sdn Bhd.
PETALING JAYA: Oil and gas (O&G) service provider Reservoir Link Energy Bhd has proposed to buy a 51% stake in a special purpose vehicle (SPV) that will be involved in the solar segment for RM21.17mil, marking its foray into the renewable energy sector.