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KUALA LUMPUR, Dec 22 (Bernama) -- EIG, an institutional investor in the global energy and infrastructure sectors, has acquired a 49.87 per cent equity stake in Transportadora de Gas del Perú S.A. (TgP) from Canada Pension Plan Investment Board via its managed investment vehicles.
KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Monday as investors engaged in profit-taking in heavyweight stocks following the index’s recent strong performance despite a positive close on Wall Street.
From Zufazlin Baharuddin
JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.
KUALA LUMPUR, Dec 18 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has completed the acquisition of a 20 per cent interest in PETRONAS’ key entities in Canada.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 18 (Bernama) -- 2025 has been nothing short of an exciting year for Malaysia, sparking new ideas and driving growth across the energy sector.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia opens lower on Thursday in line with Wall Street’s weaker overnight performance.
PUTRAJAYA, Dec 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia must accept the reality that the country can no longer be overly dependent on dividends from Petroliam Nasional Bhd (Petronas), as the national oil company operates as a commercial entity whose performance is closely tied to global oil prices.
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session.
KUCHING, Dec 16 (Bernama) -- The ongoing commercial negotiations between Petroliam Nasional Bhd (Petronas) and Petroleum Sarawak Bhd (Petros) are progressing well and moving towards a mutually beneficial settlement, with an outcome expected early next year, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia stayed in positive territory at mid-afternoon today, supported by buying activities in selected heavyweights led by consumer products and services, and healthcare counters.
KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia pared earlier losses to end the morning session higher, outperforming regional peers on the back of a stronger ringgit.
