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Mitsubishi pulls out of Vinh Tan 3 coal project in Vietnam, sources say
TOKYO, Feb 26 (Reuters): Mitsubishi Corp has decided to pull out of the Vinh Tan 3 power plant in Vietnam, two sources familiar with the company's thinking on the matter told Reuters, as it shifts away from carbon intensive businesses in the face of climate change.
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.
Serba Dinamik net profit soars to RM631.7mil in 2020
KUALA LUMPUR: Serba Dinamik Holdings Bhd said its net profit in the last quarter jumped 43% to RM202mil, as revenue swelled by a third to RM1.81bil.
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.
Iberdrola to spend more than $180 bln by 2030 after profit rises
MADRID: Europe's biggest wind power generator Iberdrola pledged on Wednesday to invest 150 billion euros ($182.39 billion) on tripling its renewable capacity and doubling its network assets by 2030, bolstered by a rise in annual net profit.
Insight - Sustainable energy key to Covid-19 recovery in Asia-Pacific
THE past year is one that few of us will forget. While the impacts of the Covid-19 pandemic have played out unevenly across Asia and the Pacific, the region has been spared many of the worst effects seen in other parts of the world.
Malakoff to bounce back
KUALA LUMPUR: Despite a lacklustre performance by Malakoff Corp Bhd for the financial year 2020 (FY20), analysts are still holding out on the company due to its stable earnings prospects.
Southern Power Generation ready to supply 1,440MW electricity power
KUALA LUMPUR: Southern Power Generation Sdn Bhd (SPG) is ready to supply 1,440 megawatts (MW) electricity power into the national grid from its two 720MW combined cycle gas turbine (CCGT) power plants.
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.
