11h ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.
14h ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
22h ago
CHIANG MAI, April 3 (Bernama) -- Singapore-based clean energy solutions provider GoRental Global is positioning Malaysia as a key market for its regional expansion as it scales up its GoImpact initiative to deliver decentralised energy solutions to underserved communities.
1d ago
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
1d ago
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia stayed in negative territory at midday in tandem with regional peers, given that global conditions remain uncertain as conflicting narratives continue to cloud prospects for a resolution to the West Asia conflict.
3d ago
KUALA LUMPUR, March 31 (Bernama) -- Bank Negara Malaysia (BNM) is actively assessing the economic impact of the West Asia conflict as the outbreak could last up to six months, affecting oil supplies and energy prices, said Governor Datuk Seri Abdul Rasheed Ghaffour.
4d ago
KUALA LUMPUR, March 30 (Bernama) -- Petroliam Nasional Bhd (Petronas) continues to closely monitor the nation’s fuel supply to help safeguard nationwide stability, amid the ongoing West Asia crisis.
4d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts.
6d ago
By Jailani Hasan
LABUAN, March 28 (Bernama) -- The Chartered Institute of Logistics and Transport Malaysia Sabah Section (CILTM Sabah) has expressed its support for the federal government’s approach to addressing the diesel price differential between Peninsular Malaysia and East Malaysia, emphasising that the pricing structure reflects underlying structural and logistical realities rather than preferential treatment.
7d ago
KUALA LUMPUR, March 27 (Bernama)-- The Federation of Malaysian Manufacturing (FMM) is seeking the government's intervention to mitigate the impact of the West Asia conflict on Malaysia's manufacturing sector.
8d ago
PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.
8d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 26 (Bernama) -- The government’s move to adjust the monthly quota for subsidised BUDI MADANI RON95 (BUDI95) petrol to 200 litres from 300 litres is a much-needed temporary measure to reduce subsidy spending amid the spike in oil prices brought on by the conflict in West Asia, said an economist.