Stay updated with breaking news from Bumi Armada. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
PETALING JAYA: With the oil and gas (O&G) counters on Bursa Malaysia witnessing share price increases over the past week, in tandem with the elevated oil prices since the beginning of February, analysts are cautiously optimistic and bracing in hope that the commodity does not breach US$90 a barrel.
PETALING JAYA: The impact of the Red Sea crisis on Malaysia’s shipping and ports is minimal compared to that on European countries, which depend heavily on Asian exports, thus they need to bear the brunt of higher shipping costs, said Maybank Investment Bank (Maybank IB).
Key Insights Using the 2 Stage Free Cash Flow to Equity, Bumi Armada Berhad fair value estimate is RM0.46 With RM0.55...
ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output.
ONGC says the 'first oil' from the deep-water KG-DWN-98/2 block in Bay of Bengal has flowed on January 7