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1-10 results from 1000 for query «oil»

September 5, 2018 2:01 AM US to lead Security Council talks on Iran in late September: Haley

UNITED NATIONS, United States: US President Donald Trump plans to lead a meeting of heads of state of the United Nations Security Council meeting on Iran in late September, his envoy Nikki Haley announced Tuesday. With the United States now holding the presidency of the Security Council, Haley said the aim is to put further pressure on Tehran over its alleged 74

September 4, 2018 6:57 AM Primary Industries Minister says will work with FGV to develop downstream palm oil segment

PETALING JAYA: Primary Industries Minister Teresa Kok has met with FGV Holdings Bhd and is willing to work with the company in relation to developing the downstream palm oil segment. Kok said at a press conference during International Strategy Institute's Corporate Malaysia Summit 2018, that the ministry is willing to work with FGV Holdings if the has company 52

September 3, 2018 5:03 AM Prasarana's new president is DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain

PETALING JAYA: DRB-Hicom Bhd’s group director of organisational support Datuk Mohamed Hazlan Mohamed Hussain is the new president and group CEO of Prasarana Malaysia Bhd. He will succeed Masnizam Hisham whose tenure ended on September 2, after a eight month stint. Prior to his appointment, Mohamed Hazlan served as head of several departments in DRB-Hicom 8

August 30, 2018 6:19 AM Bursa Malaysia rebounds in early trade

KUALA LUMPUR: Bursa Malaysia opened higher today, with the key index rebounding from yesterday's downtrend as investors took the cue from the upbeat overnight close of Wall Street amid improving oil prices. At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.26 points higher at 1,821.9 from Wednesday's close of 1,820.64. Market breadth 20

August 30, 2018 5:36 AM Petronas ups dividend payout to RM24b for 2018 as Q2 profit nearly doubles

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) announced today a higher dividend payout of RM24 billion to the federal government this year after its net profit leaped 94% for the second quarter ended June 30, 2018. This represents a 50% rise compared with the RM16 billion dividends last year. Petronas' net profit stood at RM13.6 billion for the April-June 12

August 28, 2018 3:47 PM FGV in the red in Q2 on lower CPO prices, higher cost

PETALING JAYA: FGV Holdings Bhd swung into the red in the second quarter ended June 30, 2018, registering a net loss of RM23.23 million versus a net profit of RM37.26 million in the previous corresponding quarter, dragged down by lower crude palm oil (CPO) prices and productivity, higher production cost as well as higher share of losses from joint ventures 10

August 27, 2018 2:35 PM Asiad: Rafiq claims historic bowling masters gold

PALEMBANG: National men's bowler, Rafiq Ismail has become the first Malaysian to clinch the men's bowling masters gold medal in the Asian Games when he was victorious in the masters stepladder final at Jakabaring Bowling Centre, here today. The 21-year-old kegler was patient and calm in the tense final to defeat defending champion Park Jong-woo of South 13

August 24, 2018 6:22 AM Canada concerned over reported Saudi death sentences for activists

MONTREAL: Prime Minister Justin Trudeau expressed concern Thursday over reports that human rights activists in Saudi Arabia face the death penalty. The two countries are locked in a diplomatic dispute triggered by Canadian criticism of the kingdom's human rights record, but Trudeau said Canada continues to "engage diplomatically" with Saudi Arabia 11

August 23, 2018 12:46 PM Sime Darby Plantation acquires coconut oil exporter

KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) wholly owned subsidiary New Britain Palm Oil Ltd (NBPOL) has completed the US$52.6 million (RM215.6 million) acquisition of Markham Farming Co Ltd (MFCL) from Markham Agro Pte Ltd (MAPL). In a filing with Bursa Malaysia, SDP said NBPOL has assumed the net debt of MFCL and MAPL of US$11 million. MFCL is now indirectly 18

August 22, 2018 6:41 PM For 44 years money from the Malay states has been diverted to the Chinese states

Terengganu receives slightly over RM1 billion a year in oil revenue. Sabah and Sarawak combined receive RM2.25 billion a year. Kelantan gets nothing. Over the last 44 years since 1974, Petronas is said to have earned more than RM2.5 trillion in revenue from Sabah, Sarawak and Terengganu. Terengganu, Kelantan, Sabah and Sarawak are the poorest states 24