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Globaltec’s NuEnergy finds natural gas in Indonesia
KUALA LUMPUR: Globaltec Formation Bhd’s subsidiary NuEnergy Gas Ltd has announced the discovery of natural gas in the Muara Enim Production Sharing Contract (PSC) area in Indonesia.
Globaltec's NuEnergy finds natural gas in Muara Enim
KUALA LUMPUR: Globaltec Formation Bhd's subsidiary NuEnergy Gas Ltd has announced the discovery of natural gas in the Muara Enim Production Sharing Contract area.
FEATURE-Illegal logger turns firefighter to defend Indonesia's peatlands
SIAK, Indonesia: Setiono Ono pauses his morning wildfire patrol near the northeastern coast of Sumatra island at a small timber dam between a logged area and an oil palm plantation.
Rubber market bounces back to close firmer
PETALING JAYA: The Malaysian rubber market rebounded from Wednesday’s losses to close firmer yesterday after the International Tripartite Rubber Council (ITRC) forecast a decrease in natural rubber production for the rest of this year and into early 2021.
LNG-fuelled tankers to more than double by 2030 - Petronas exec
SINGAPORE: The number of ships fuelled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by the shipping industry's desire to cut emissions, a senior executive at Malaysia's Petroliam Nasional Bhd (Petronas) said on Wednesday.
Plantation sector gets an earnings upgrade
PETALING JAYA: UOB Kay Hian Research has upgraded the 2020 earnings forecasts for plantation companies on the back of a strong recovery in the crude palm oil (CPO) price.
Palm oil reserves seen slumping to 16-month low
JAKARTA: Palm oil stockpiles in Indonesia, the world’s top grower, will probably plunge to their smallest in 16 months by the end of July as production hits the lowest in more than two years after floods in major growing regions disrupted the harvest and delivery of fruit to mills.
SCB expects to commission Medan dam soon
KUCHING: Sarawak Cable Bhd (SCB) is expected to commission its hydro dam project in Medan, north Sumatra, Indonesia by October this year after a delay of three years
Oriental eyes replanting 340 ha of oil palm
On Oriental’s automotive segment, despite various challenges, there appear to be silver linings such as the new models of vehicles introduced in early 2020 that have generated some excitement, and the Bank Negara’s revision of the overnight policy rates