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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.
Biden's trade rep pick says she will fight Chinese trade barriers
WASHINGTON: President Joe Biden's U.S. trade representative nominee, Katherine Tai, said on Monday she would work to fight a range of "unfair" Chinese trade and economic practices and would seek to treat Chinese censorship as a trade barrier.
Moody’s: Petronas credit metrics to remain strong
KUALA LUMPUR: Moody’s Investors Service expects Petroliam Nasional Bhd’s (Petronas) credit metrics to stay strong through 2021 to 2022.
Moody's expects Petronas' credit metrics to stay strong through 2021
KUALA LUMPUR: Moody's Investors Service expects Petroliam Nasional Bhd's credit metrics will stay strong through 2021 to 2022.
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.
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.
Texas lawmakers look to lay blame for deadly power blackout
(Reuters) - Texas state lawmakers on Thursday dug into the causes and cast blame for deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and utilities ill-prepared for skyrocketing power demand.
CNOOC announces new oil and gas find
SHANGHAI: China National Offshore Oil Corp (CNOOC), one of the country’s top three oil and gas producers, says its newly discovered Bozhong 13-2 oil and gas field in the Bohai Sea contains proven geological reserves of 100 million tonnes of oil and gas equivalent, making it one of biggest crude oil production bases in the country.
Pimco gets burned as Just Energy craters after Texas loss
NEW YORK: Canadian energy retailer Just Energy Group Inc revealed a big loss from the Texas crisis and said it may have trouble continuing as a going concern after last week’s freezing weather cost it about US$250mil.