Malaysia’s Petronas registers higher profit in Q3 on higher oil prices

KUALA LUMPUR, Nov. 30 (Xinhua) — Malaysia’s state-owned energy firm Petroliam Nasional Bhd (Petronas) announced Wednesday the firm posted higher profit in the third quarter that ended Sept. 30 due to favorable price impact for major products and the favorable impact of the exchange rate.

Mitsubishi Power to Upgrade Gas Turbines at Singapore CCGT

Mitsubishi Power, a unit of Mitsubishi Heavy Industries (MHI), has received a contract from Singapore’s Tuas Power Generation for upgrades to two of the four M701F gas turbines (CCP3 and CCP4) in its combined cycle gas turbine (CCGT) power generation facility, MHI said on November 30.