Petronas Secures Oman’s Block 18 For Oil And Gas Exploration

KUALA LUMPUR, Feb 12 (Bernama)-- Petroliam Nasional Bhd (Petronas)’s wholly owned subsidiary, PC Oman Ventures Ltd (PCOVL), has signed a concession agreement with the Oman government and OQ Exploration and Production Batinah Offshore LLC (OQEP) as its partner for the exploration of oil and gas in Block 18.  

DayOne Opens Johor Training Centre, Expands KL Shared Services Hub

KUALA LUMPUR, Feb 12 (Bernama) -- DayOne Data Centers (DayOne) has announced the establishment of a regional operations and training centre in Johor, alongside the expansion of its Global Shared Services Center (GSSC) in Kuala Lumpur.

Energy Transition Not A Burden But A Catalyst For Growth — Fadillah

KUALA LUMPUR, Feb 11 (Bernama) -- Malaysia’s energy transition agenda should not be regarded as a burden; instead, it can open up opportunities to create quality jobs, empower small and medium enterprises (SMEs) and strengthen the nation’s competitiveness, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Sabah Acquires Strategic 20 Percent Stake In North Sabah EOR PSC

KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).

JS-SEZ, Rising FDI Boost Malaysia’s Data Centre, Advanced Manufacturing Sectors

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 9 (Bernama) -- Malaysia is seeing strong momentum in data centre and advanced manufacturing developments, driven by rising foreign direct investment (FDI) and the Johor-Singapore Special Economic Zone (JS-SEZ), according to Australia-based project advisory and management consultancy firm, TBH Consultancy.

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

Bursa Malaysia Lower At Midday Amid Selling Pressure

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia extended its downward momentum at midday on continued selling pressure in selected heavyweight counters, led by industrial products and services, transportation and logistics, as well as financial services sectors.

PNB To Assess Sunway's VGO For IJM Based On Commercial Basis

KUALA LUMPUR, Feb 4 (Bernama) — Permodalan Nasional Bhd (PNB) will assess Sunway Bhd’s voluntary general offer (VGO) for IJM Corporation Bhd based on commercial considerations, offer risks, governance, investment returns, and Sunway’s strategic plans post- acquisition.

Bursa Malaysia Opens Higher Despite Lower Wall Street

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance. 

Nuclear Energy Key To Meet Surging Global Power Demand -- Tech Futurist

HOUSTON, Feb 3 (Bernama) -- Nuclear energy should be part of the global solution to meet surging electricity demand while cutting carbon emissions, according to a technology (tech) futurist Pablos Holman.

KLIA Aeropolis Solar Farm To Cut KLIA's Carbon Emissions By 30 Pct In 2027-- MAHB

SEPANG, Jan 29 (Bernama) -- The photovoltaic solar farm and battery energy storage system (BESS) project at KLIA Aeropolis is expected to reduce the carbon emissions of the Kuala Lumpur International Airport (KLIA) by around 30 per cent when fully operational in 2027.

Ringgit Rises To 3.9130 Vs Greenback On Strong Fundamentals, US Fed Holds Rates

KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.