Petronas Signs Production Sharing Contract For Suriname's Block 66

KUALA LUMPUR, June 18 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas Suriname E&P BV has inked a production sharing contract (PSC) with Staatsolie Maatschappij Suriname NV and its wholly-owned subsidiary, Paradise Oil Company NV (POC) for Block 66 offshore Suriname.

Yinson's Share Price Rises 0.43 Pct On Recent Investment Deal News

KUALA LUMPUR, June 18 (Bernama) --  Energy infrastructure and technology company Yinson Holdings Bhd’s share price saw an increase of 0.43 per cent today, following recent news of its investment deal with a consortium. 

Yinson Unit Closes US$1 Bln Investment Deal With Consortium

KUALA LUMPUR, June 17 (Bernama) -- Yinson Holdings Bhd’s (Yinson) subsidiary Yinson Production has closed the previously announced US$1 billion (US$1=RM4.23) investment deal with a consortium.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

Maybank Underwrites RM2.5 Bln For Dayone’s Green Data Centres In JS-SEZ

KUALA LUMPUR, June 11 (Bernama) -- Maybank is underwriting RM2.5 billion to support DayOne Data Centers in establishing green data centres within the Johor-Singapore Special Economic Zone (JS-SEZ).

Affin Group Debuts In US Bond Market With US$300 Mln Note Issue

KUALA LUMPUR, June 4 (Bernama) -- Affin Group made its debut in the US dollar bond market with the issuance of the senior unsecured notes with a nominal value of US$300 million (RM1.27 billion) under its US$2 billion (RM8.46 billion) euro medium term note (EMTN) programme.

Petronas Ramps Up LNG Projects To Secure Long-Term Supply For China

From Kisho Kumari Sucedaram

BEIJING, June 2 (Bernama) -- Petroliam Nasional Bhd (Petronas) is accelerating efforts to strengthen its position as a reliable long-term liquefied natural gas (LNG) partner to China by expanding domestic gas development and its global production portfolio, aimed at ensuring consistent and sustainable energy supply for one of the world’s largest LNG importers.

Ekuinas Committed Direct Investments Rose To RM4.9 Bln In FY2024

KUALA LUMPUR, May 29 (Bernama) -- Ekuiti Nasional Bhd’s (Ekuinas) cumulative committed direct investment rose to RM4.9 billion in financial year 2024 (FY2024) from RM4.5 billion a year ago, with total economic capital deployed is RM5.6 billion.

MISC Shares Down On Weaker 1Q FY2025 Results

KUALA LUMPUR, May 29 (Bernama) -- MISC Bhd’s shares fell in early trade after its net profit for the first quarter ended March 31, 2025 (1Q FY2025) dropped year-on-year on the back of lower revenue for the quarter. 

Global Business On Edge: Uncertainty Now Bigger Threat Than Red Tape

KUALA LUMPUR, May 28 (Bernama) -- The 2025 Global Business Complexity Index (GBCI) revealed that while regulatory complexity remains a challenge in certain regions, it is growing geopolitical and economic uncertainty that now poses the greatest threat to international business operations.

Petronas Invested RM25 Bln In Sarawak In 2024 - Awang Tengah

KUCHING, May 28 (Bernama) -- Petroliam Nasional Bhd (Petronas) has invested RM25 billion in Sarawak last year, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

Shin Yang's Unit Receives LOI From Home Affairs Ministry For Completion Offshore Patrol Vessels

KUALA LUMPUR, May 27 (Bernama) -- Shin Yang Group Bhd’s (Shin Yang) wholly-owned subsidiary, Shin Yang Shipyard Sdn Bhd, has received a Letter of Intent (LOI) from the Ministry of Home Affairs to appoint as a contractor for works on offshore patrol vessels (OPVs).