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.

Wuling-Gotion High Tech Develops Electric Car Batteries in Indonesia

TEMPO.CO, Jakarta – PT SGMW Motor Indonesia (Wuling Indonesia) collaborates with PT Gotion Green Energy Solutions Indonesia (Gotion High-Tech) to develop electric vehicle batteries for the Indonesian automotive market. The partnership was signed at the Wuling Factory in Cikarang, West Java on Monday, November 28.