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Business 16 Sep 2017 | 12:00 AM

Low oil price a blessing in disguise for Enra

WHILE the upstream oil and gas (O&G) segment may seem less exciting for the time being due to the low oil price environment, Enra Group Bhd has found the situation as a blessing in disguise.

Business 15 Jul 2017 | 12:00 AM

Enra back in the spotlight

Oil and gas company revives attention with a RM206mil contract win in Myanmar

Corporate News 10 Jun 2017 | 12:00 AM

Short position

SELANGOR Properties Bhd is one stock that if your mom or dad dabbled in the stock market, would likely hold at one time or another.

Property 14 Feb 2015 | 12:00 AM

A moving townhall meeting for Shamsul

IT was a town hall meeting that they knew would be different. For the employees of Petroliam Nasional Bhd (Petronas) who started trickling into the Kuala Lumpur Convention Centre on Monday at about 3pm, they wanted to hear directly from the head honchos on the company’s future direction. And it was not just about oil prices but also the future of the president.

Corporate News 13 Aug 2014 | 5:30 PM

Petronas Q2 earnings up 38% to RM21b, cautions over weaker oil prices

KUALA LUMPUR: Petroliam Nasional Bhd’s (Petronas) net profit rose 38% to RM21.06bil in the second quarter ended June 30, 2014 from RM15.26bil a year ago but weaker crude oil prices would weigh on its earnings in the second half.

Business 09 Aug 2014 | 12:00 AM

Period of consolidation awaits sector

THE local oil and gas (O&G) sector looks set to enter a period of consolidation after a slew of major contracts dished out over the past few years propelled stocks to record highs.

Business 31 May 2014 | 6:25 PM

Icon Offshore to raise RM945mil in long-awaited IPO

ICON Offshore Bhd is coming to the market at a price-to-earnings multiple of 18 to 19 times its estimated 2014 earnings – a premium over the sector average of 13 times.

Business 04 Apr 2014 | 12:00 AM

Petronas' Rapid gets RM89bil investment, one-year delay

PETALING JAYA: Petroliam Nasional Bhd has green-lit its much-awaited final investment decision for the Pengerang Integrated Complex in south Johor with a commitment of US$27bil (RM88.56bil), but the project will start up a year later than expected in 2019.