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PETALING JAYA: Bumi Armada Bhd’s valuations at six times the financial year 2021 (FY21) price-to-earnings ratio compared to the FBM KLCI’s 17 times currently may be “unjustified”, given the significant improvement in its core earnings since stabilising Armada Kraken’s operations.
PETALING JAYA: Bumi Armada Bhd said its joint venture company in India has entered into a deal to set up and operate a floating storage and regasification unit (FSRU) in Mumbai harbour
KUALA LUMPUR: Bumi Armada Bhd said its joint venture company in India has entered into a deal to set up and operate a floating storage and regasification unit (FSRU) in Mumbai harbour.
Shipbuilding firm eyeing assets with earnings visibility
MELBOURNE: Victoria state yesterday rejected a plan by AGL Energy to build a liquefied natural gas (LNG) import terminal, effectively killing a proposal designed to help fill an expected shortfall in gas supply in southeast Australia from 2024.
BANGKOK (The Nation/ANN): The Electricity Generating Authority of Thailand (Egat) aims to import 1.9 million tonnes of liquefied natural gas (LNG) next year, followed by 1.8 million tonnes per year in 2022 and 2023, said new Egat governor Boonyanit Wongrukmit.
ATHENS, Aug. 24 (Xinhua) -- A signing ceremony for the participation of Bulgartransgaz EAD (BTG), operator of Bulgaria's National Natural Gas System, in the Alexandroupolis liquefied natural gas terminal project in northern Greece took place on Monday in Athens.
JAKARTA: Indonesian state-owned energy firm Pertamina on Friday said it reached financial close for a US$1.8 billion integrated gas-fired power station project on Dec. 5 with Japanese partners Marubeni Corp and Sojitz Corp .
SINGAPORE: Royal Dutch Shell is close to bagging a deal to supply Hong Kong with liquefied natural gas (LNG), beating out major competitors for the right to be the first company to supply LNG to the city.
KUALA LUMPUR: Sapura Energy Bhd's direct and indirect units have secured RM1.47bil worth of contracts to provide its services to Petronas Carigali Sdn Bhd, Repsol Oil & Gas Malaysia Ltd, the Refinery and Petrochemical Integrated Development (RAPID) and in Brazil.