Strait Of Hormuz A Concern, But Oil Industry Remains Stable – PM Anwar

KUALA LUMPUR, June 16 -- The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.

Global Interconnectedness Under Strain Amid Rising Geopolitical Tensions – PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.

Influential Leaders To Convene At Energy Asia 2025 To Advance Energy Transition

KUALA LUMPUR, June 15 (Bernama) – The “Energy Asia 2025” conference, themed “Delivering Asia’s Energy Transition”, from June 16 to 18, will be an opportune moment for Malaysia and the region to take stock of progress made towards energy transition objectives and reinforce national commitments to achieving net-zero goals.

Bursa Malaysia To Trade At 1,500-1,530 Next Week Amid Tariffs, Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.

Oil Prices Rally Amid Israel-Iran Conflict, Lifting Bursa Malaysia's Energy Stocks

KUALA LUMPUR, June 13 (Bernama) -- Israel’s military strike on Iran earlier today sent oil prices sharply higher, pushing up the Bursa Malaysia Energy Index by 2.01 per cent to 740.76 points from 726.13 points at yesterday’s close.

Bursa Malaysia Ends In Positive Territory, Awaits US-China Trade Talks

By Harizah Hanim Mohamed

KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia closed the trading day in positive territory, supported by investor accumulation of selective heavyweights, as market participants awaited the outcome of high-level US-China discussions.

MIDF Research: Oil Prices Under Pressure As Supply Outpaces Demand

KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025). 

Sarawak Steps Up Role In ASEAN Power Grid, Expands RE Vision -- Awang Tengah

From Karina Imran

OSAKA, May 31 (Bernama) -- Sarawak is stepping up a plan to integrate Borneo into the ASEAN Power Grid (APG), underlining its commitment to regional energy cooperation, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. 

Train Young Sabahans To Become Highly Skilled In O&G Sector – PM Anwar

KOTA KINABALU, May 30 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has urged oil and gas (O&G) industry players to play a role in training more young Sabahans, both at the university level and through Technical and Vocational Education and Training (TVET) programmes, to address the sector’s workforce needs.

Timor-Leste PM’s Visit To Weststar Signals Stronger Bilateral Ties In Aviation, Energy

KUALA LUMPUR, May 28 (Bernama) -- The official visit by Timor-Leste Prime Minister Kay Rala Xanana Gusmao to Weststar Group’s headquarters reflects the shared commitment of both Weststar Group and the Timor-Leste government to strengthening bilateral cooperation in aviation, energy support services, and economic development.

Tengku Zafrul Confirms Malaysia-GCC FTA Talks To Start Soon

By Karina Imran

KUALA LUMPUR, May 25 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz today confirmed a Bernama report that Malaysia and oil-rich Gulf Cooperation Council (GCC) countries will sign a Free Trade Agreement (FTA) soon.