PETRONAS awards NBE cluster PSC to Vestigo for DRO cluster in Sabah
KOTA KINABALU: PETRONAS has inked a small field asset (SFA) production-sharing contract (PSC) with Vestigo Petroleum Sdn Bhd for a…
Category: Energy
Oil eases as stock build raises spectre of slower US demand
SINGAPORE: Oil prices dipped on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the…
Grid cleaning initiative enhances safe ops of substations
On June 19, State Grid Shizuishan Power Supply Co in Ningxia Hui autonomous region kicked off the washing of substations,…
Smart power transmission key to stable energy supply
Further efforts are in the pipeline to speed up power grid construction and enhance power transmission mechanisms, says the National…
Oil ticks up on inventory drawdown outlook, Middle East risks
SINGAPORE: Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopolitical…
Oil edges down amid cautious demand outlook
OIL prices edged down in Asian trade on Tuesday, after posting gains in the previous session, as markets remained cautious…
Shell to acquire Singaporean LNG firm Pavilion Energy from Temasek
SINGAPORE: Shell has agreed to buy Singaporean liquefied natural gas (LNG) company Pavilion Energy from global investment company Temasek in…
Hydropower surge raises aluminium production
Beijing: China’s aluminum production hit a record last month as smelters brought back idled capacity, potentially setting up the market…
More renewable energy projects worth RM7bil likely to be rolled out
PETALING JAYA: With Malaysia expected to aggressively ramp up the installed capacity for renewable energy (RE), particularly solar, there is…