KUALA LUMPUR: The global thirst for oil has driven crude oil prices to record level and in turn, made marginal oilfield development a potentially lucrative business for contractors like M3nergy Bhd.
“The project secured in India is an opportunity for M3nergy to move higher upstream,” its managing director and chief executive officer Datuk Shahrazi […]

NON-FINANCIAL Public Enterprises (NFPE) such as Petronas, Telekom Malaysia Bhd (TM) and Tenaga Nasional Bhd (Tenaga) are expected to make a whopping profit of RM83.3bil, or a 44.1% increase as compared to earnings of RM57.8bil in 2005.
This is largely contributed by better performance with revenue targeted to reach RM287.4bil against an expenditure of RM204bil […]