PETALING JAYA: Benalec Holdings Bhd has received the Department of Environment’s (DoE) conditional approval for the reclamation works on 677.2ha in Teluk Ramunia for the development of Pengerang maritime industrial park.
Read moreBenalec Holdings Bhd’s proposed 677.2ha Pengerang Maritime Industrial Park (P-MIP) at Teluk Ramunia in Johor can now proceed with the approval of its detailed environment impact assessment (DEIA) study by the Department of Environment (DoE).
Read morePetroliam Nasional Bhd (Petronas) said crude prices could average US$30 (RM132.60) a barrel and warned the Malaysian state oil company faces two to three tough years.
Read morePrice of crude oil in the US$20 (RM88.40) range in the near future is not farfetched as bearish demand supply fundamentals see prices slipping to 12-year lows with analysts warning such price levels will be a big challenge to government revenues and earnings of local upstream oil and gas (O&G) producers or firms.
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