KUALA LUMPUR, June 9 (Bernama) -- Malaysia will maintain its petroleum production quota under the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) for 2026, as previously agreed, Economy Minister Datuk Seri Akmal Nasrullah Ahmad Nasir said.
KUALA LUMPUR, June 8 (Bernama) -- Malaysia has secured RM92.8 billion in approved investments for the first quarter of 2026 (1Q 2026), with Japan emerging as the largest foreign investor and domestic investment recording its strongest year-on-year growth in the reporting quarter.
KUALA LUMPUR, June 8 (Bernama) -- Gas Malaysia Bhd, a unit of MMC Corporation Bhd, took a significant step in strengthening Malaysia’s energy security with the signing of a joint development agreement with Tokyo Gas Co Ltd and VTTI BV for the proposed development of a liquefied natural gas (LNG) regasification terminal (RGT) in Yan, Kedah.
KUALA LUMPUR, June 3 (Bernama) -- RIFFAI, an artificial intelligence (AI) startup specialising in satellite data and GIS, is participating at Echelon Singapore 2026 from June 3 to 4, presenting its long-term vision of becoming the global engine that processes Earth observation data.
KUALA LUMPUR, June 3 (Bernama) -- Japan’s life insurers have increasingly relied on reinsurance in recent years, with the overall cession rate as a percentage of total gross premium written for the segment rising to more than 24 per cent in 2023 and 2024 from just under 10 per cent in 2020, according to a new AM Best report.
KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) confirmed that an incident occurred at approximately 12.50 pm yesterday during lifeboat maintenance work at the Floating Storage and Offloading (FSO) vessel Sepat at the Sepat field off Terengganu, in offshore East Coast Peninsular Malaysia.
By Jailani Hasan
LABUAN, May 22 (Bernama) -- The Asian Development Bank’s (ADB) official visit to Labuan has renewed attention on the duty-free island’s strategic economic position as an offshore oil and gas support base, international financial centre and maritime gateway.
LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.
From Nurunnasihah Ahmad Rashid
ALMETYEVSK (Russia), May 14 (Bernama) -- Tatneft, a top-five largest oil company in Russia, is open to explore potential collaboration in petrochemicals, refining and sustainable energy initiatives with Petronas.
LABUAN, May 13 (Bernama) -- Sabah should develop a medium-term cargo flow redistribution and maritime resilience framework to strengthen the state’s logistics ecosystem, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.
LABUAN, May 13 (Bernama) -- Sabah has significant potential to strengthen its trade competitiveness and economic resilience by addressing long-standing logistics and port efficiency challenges, according to the Chartered Institute of Logistics and Transport Malaysia (CILTM) Sabah.
By Jailani Hasan
LABUAN, May 4 (Bernama) -- The Labuan Port Authority (LPA) has signed a memorandum of understanding (MoU) with the Maritime Institute of Malaysia (MIMA) to strengthen cooperation, knowledge sharing and strategic collaboration in the maritime sector.
