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Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan) by using it as one of its operating hubs.
Hibiscus Petroleum Bhd said it has completed the drilling of the Bunga Aster-1 exploration well and is expecting its first oil production to begin in May.
Ongoing uncertainties from the Middle East tensions are expected to bolster oil prices, and investors should continue to buy into the oil and gas (O&G) sector, analysts said.
KUALA LUMPUR (April 19): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:
Shares of Sapura Energy Bhd have been suspended from trading, pending a material announcement. The suspension took effect from 2.30pm onwa...
KUALA LUMPUR (April 19): Uzma Bhd plans to raise RM68.35 million via a private placement of 15% of its current share base to help fund the development of a water injection facility (WIF) which it is to lease to a unit of Hibiscus Petroleum Bhd.
(吉隆坡18日讯)大马股票交易所的报告显示,在今年2月底的上市公司业绩季节结束后,分析员最看好的3个领域,分别是能源、建筑和交通领域。看好云升控股大红花石油根据大马交易所旗下数字研究平台(Bursa Digital Research,BDR)今日发布的资料,在统计分析员针对最新季度财报发表的研究报告显示,88%的分析员给予能源领域“买入”建议。其中,全部分析员看好云升控股(YINSON,7293,主板能源组)和大红花石油(HIBISCS,5199,主板能源组),都给予“买入”评级。截至目前...
KUALA LUMPUR: An extended rebound on Bursa Malaysia was capped on Thursday as investors priced down equities amid a more hawkish outlook on the global interest rate environment.