- Oil & Gas
27 November 2020
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- Malaysia
Malaysian energy giant Petronas posted a loss for the nine months of 2020.
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Malaysian energy giant Petronas posted a loss for the nine months of 2020.
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KUALA LUMPUR (Reuters) – Malaysian state-owned energy giant Petronas swung to a third-quarter loss on Friday and warned the remainder of the year would remain tough due to prolonged low oil prices and demand hampered by coronavirus restrictions.
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Vietnam has risen five places to 34th out of 40 economies in a global ranking of attractiveness in terms of renewable energy investment.
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A massive wind turbine that stands on Singapore’s Pulau Semakau, about 8km south of the mainland, can generate enough wind energy to power around 35 Housing Board flats annually.
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Dyson, the global tech firm best known for its vacuum cleaners and hand dryers, on Friday pledged to invest GBP 2.75 billion (USD 3.67 billion) in Singapore, the Philippines, and its home country UK through 2025. Although Dyson did not reveal an exact breakdown of the investment, it plans to build a manufacturing hub and expand its research facilities and labs in Singapore, together with a university research program.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
