Roger Ng, a former Goldman Sachs bank executive who is currently in jail in Malaysia, has agreed to voluntarily return to the United States to face abetment charges in a scheme to loot state investment firm 1MDB.
Mercuria and Chinese state oil giant PetroChina are selling fuel oil stored in vessels off Singapore and southern Malaysia, several trade sources say.
Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their joint venture in Malaysia.
Malaysia’s second largest pension fund, Kumpulan Wang Persaraan (KWAP), has sold a grade A office tower, located in Sydney’s 20 Bridge Street, for about $246.4 million to a Hong Kong-based wealthy individual.
Government says a dozen Malaysian companies expresses interest in investing around 55 trillion rupiah, mainly in Indonesian infrastructure and plantations.
Although China’s soyabean oil and rapeseed oil consumption has dragged down palm oil imports from Malaysia for the past few months, it will not last long as demand for the edible oil is set to rebound. Malaysian Palm Oil Council’s (MPOC) chief executive officer, Dr Kalyana Sundram, said he is upbeat of a […]
Malaysia’s Petroliam Nasional Bhd may be looking at building a $27 billion liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s chief executive officer.
Prime Minister Najib Razak, who arrived in the pink city as part of his six-day visit to the country, held talks with Chief Minister Vasundhara Raje and senior officials to discuss investment opportunities for Malaysian companies.
<p>The kingdom is the world's largest oil exporter, so it's little surprise that energy is top billing as Salman travels <a href="http://www.cnn.com/2017/03/01/asia/saudi-visit-indonesia/">with 1,500 people in tow</a>. He's already been to Malaysia and Indonesia, with economic giants Japan and China up next.</p> <p>The big focus for major oil producers is on markets where demand is growing. Right now, that means Asia.<br /> <br /> Growth in global demand for crude is forecast to accelerate to 1.4 million barrels a day this year, according to FACTS Global Energy. One million of that is expected to come from Asia.</p>
KUALA LUMPUR: Sunway Property aims to achieve RM1.1 billion sales this year on the back of new launches. Sunway Bhd Managing Director of Property Development Division for Malaysia and Singapore Sarena Cheah said the group planned to launch between 10 and 12 projects in Malaysia and another in China, with a gross development value (GDV) [âS]