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Business 25 Feb 2012 | 12:00 AM

AK’s power assets draw 12 bidders

PETALING JAYA: The power assets that billionaire T. Ananda Krishnan plans to sell have attracted 12 preliminary international and local bidders, with the final round of bidding expected by end of next month, sources said.

Business 17 May 2012 | 12:00 AM

RM12bil bids target

KUALA LUMPUR: SapuraKencana Petroleum Bhd, a merged entity of two oil and gas (O&G) companies, expects to boost its bidding order book to RM12bil by year-end from RM7bil currently.

Business 06 Dec 2014 | 12:00 AM

Fund managers rethink strategies

Fund managers’ strategies on oil and gas related stocks are varied amid a weak crude oil price trend although they say that the impact on their portfolios thus far has not been major.

Business 24 Dec 2014 | 12:00 AM

Yinson group remains steady as its O&G contracts are protected

PETALING JAYA: While the plunging crude oil price has wreaked havoc on oil and gas (O&G) stocks, Yinson Holdings Bhd is fairly confident that its margins will be intact on the grounds that its contracts with suppliers are secured.

Corporate News 26 Sep 2018 | 12:00 AM

Analysts positive on Yinson’s prospects

This is despite O&G company’s weaker second quarter

Business 26 Sep 2013 | 12:00 AM

Petronas plans production of 750mil barrels from 14 oil fields

PETALING JAYA: Fourteen oil fields in Malaysia, identified under the enhanced oil recovery (EOR) initiative, are targeted to produce between 750 million and one billion barrels of oil for the duration of fields’ economic life, depending on the condition of the fields and when these projects start up.

Business 24 Feb 2012 | 12:00 AM

Local firm eyes AK assets

PETALING JAYA: A Malaysian company is said to be in talks to buy over all of tycoon T. Ananda Krishnan’s power assets in the country, South Asia, Egypt and the Middle East, in a deal that could be worth US$3.2bil (RM9.6bil) to US$3.6bil (RM10.8bil), sources said.

Community 31 Jul 2017 | 12:00 AM

Positive turtle conservation efforts

CHERATING: The Cherating Turtle Conservation Centre has successfully hatched 4,746 turtles from January to June this year.

Corporate News 30 Jun 2016 | 5:42 AM

Maybank Research sees Yinson’s Q1 FY17 earnings about RM45m

KUALA LUMPUR: Yinson Holdings' core net profit for the first quarter of 2017 (Q1, FY17) is estimated to be RM40mil to RM45mil boosted by its floating storage and offloading vessel (FSO) and floating production, storage and offloading vessel (FPSO) businesses.

Business 24 Nov 2014 | 12:00 AM

Convention bureau leads the way in efforts to reduce effects of carbon dioxide

Last year, the Air Transport Action Group (ATAG) noted that commercial aircraft produced about 700 million tonnes of carbon dioxide, representing about 2% of CO2 produced from all human activities.