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Petronas starts solar initiative to power its assets in net-zero push

Petronas starts solar initiative to power its assets in net-zero push Malaysia’s Petronas, which has yet to make a firm carbon-neutral pledge, will deploy solar energy at the group s assets across Malaysia to boost efficiency and cut carbon emissions as part of its sustainability agenda and “aspiration” of Net Zero Carbon Emissions by 2050 (NZCE 2050). © Supplied by ShutterStock The Petronas Towers in Malaysia. Shutterstock. Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later.

MHB posts net loss of RM104 35mil in 1Q

(MHB) posted a net loss of RM104.35mil in the first quarter ended March 31 against a net profit of RM6.13mil in the same period a year ago. The lower earnings was mainly due to operating losses recorded by both its marine and heavy engineering segments. Its revenue in the first quarter fell to RM343.57mil from RM346.43mil last year mainly due to lower revenue in the marine segment partially offset with the higher revenue from the heavy engineering segment. The heavy engineering segment posted a higher revenue of RM304.2mil against RM226.8mil reported in the corresponding quarter mainly due to increased activities in ongoing projects.

Malaysia Marine wins Jerun project work

Malaysia Marine wins Jerun project work
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