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KUALA LUMPUR: Straits Energy Resources Berhad has entered into a heads of agreement with Seashore Technologies Pte Ltd to collaborate on 4G and 5G related projects in the oil and gas industry.
KUALA LUMPUR: The government is aiming for a gross domestic product (GDP) of between 4.5% and 5.5% under the plan which was unveiled on Monday.
GDP Growth of 4.5% to 5.5% from 2.7% in 11th Malaysia Plan.
NEW YORK: Oil prices rose for a third week in a row to a near three-year high on Friday as global output disruptions have forced energy companies to pull large amounts of crude out of inventories.
HEXTAR Global Bhd has ramped up its merger and acquisition (M&A) activities to diversify into the specialty chemicals sector. The group is among the largest agrochemical producers in Malaysia.
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) made a net profit of RM116mil in the three-month ended June 30, as higher oil prices boosted the value of energy reserves held by its subsidiaries.
KUALA LUMPUR: As hydrogen gains traction as a viable and sustainable fuel source, traditional players in the oil and gas (O&G)sector that have existing infrastructure to support its production stand to benefit from its rising prospects.
PETALING JAYA: Favelle Favco Bhd’s strong order book is expected to sustain the group’s earnings in the second half of 2021.