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Petronas inks agreement with Sarawak Energy to purchase power supply
KUCHING: Sarawak Energy Bhd today inked a power purchase agreement term sheet with Petroliam Nasional Berhad (Petronas) to provide 90 megawatt (MW) of power supply to the Malaysia LNG complex in Tanjung Kidurong, Bintulu for a term of 20 years.
Techfast ventures into petroleum trading, oil bunkering biz
KUALA LUMPUR: Components manufacturing group, Techfast Holdings Bhd is proposing to diversify into the trading of petroleum products, oil bunkering and other related businesses.
National O&G company raises investments in renewable energy
THE oil and gas (O&G) industry was slapped with a shock last year when the world was hit by the coronavirus (Covid-19) pandemic.
Petronas records net profit of RM10.5b for FY20 excluding impairments
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) recorded profit after tax (PAT) of RM10.5bil for FY2020, excluding impairments, which was 78% lower compared to RM48.8bil in FY19.
Malaysia’s exports up 6.6% to nearly RM90b in January
KUALA LUMPUR: Malaysia’s exports in January 2021 rose by 6.6% to RM89.63bil from a year ago, due to global demand notably for electrical and electronic (E&E) and rubber products as well as front-loading activities prior to the festive season.
Enough liquidity to cope
SRR ratio will unlikely see any cut amid the economy showing signs of sluggishness
Malaysian and other LNG tankers to arrive in Mexico's ports from the US
MEXICO CITY: Malaysia-flagged LNG tanker Seri Balhaf could be the first to arrive in Mexico after departing from Freeport, Texas, on Wednesday. Loaded this week, it is carrying 151,300 cubic meters of LNG bound for Altamira in the Gulf, the data showed.
