OPEC To Continue Investing In Fossil Fuels Despite Growing Sustainability And Energy Transition Initiatives

KUALA LUMPUR, June 16 (Bernama) -- The Organisation of the Petroleum Exporting Countries (OPEC) will continue to invest in fossil fuel production, despite the growing momentum behind sustainability initiatives and the global energy transition.

Global Oil Prices Surge Amid Escalating Conflict Around Strait Of Hormuz -- Petronas

KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).

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.

New Energy Asia To Be Sole Lotus EV Charger Distributor Across ASEAN

KUALA LUMPUR, June 13 (Bernama) — New Energy Asia Sdn Bhd, a newly established joint venture (JV) between HICOM Engineering Sdn Bhd (HESB) and Hangzhou Flash Charging New Energy Co Ltd (HFC) from China, will exclusively distribute Lotus electric vehicle (EV) chargers across ASEAN.

UNIPAC Engineering Aims To Be National And Regional Auto Testing Services Player

KUALA LUMPUR, June 8 (Bernama) — UNIPAC Engineering (M) Sdn Bhd aims to become a major national and regional player in the automotive testing sector in Southeast Asia through a comprehensive engineering approach and continuous investment in smart technology.

Sarawak Energy, Japan Bank For International Cooperation Team Up On ASEAN’s Clean Energy Interconnectivity

From Karina Imran

OSAKA, May 31 (Bernama) -- Sarawak Energy Bhd has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to collaborate on renewable energy (RE) development, enhance cross-border energy infrastructure, and exchange technical knowledge. 

CIMA Offers RM590,000 Grant To Advance Eco-friendly Marine Concrete Research

KUALA LUMPUR, May 29 (Bernama) -- Cement Industries of Malaysia Bhd (CIMA) has allocated a grant of RM590,000 to advance research on eco-friendly marine concrete solutions.

Petronas Invested RM25 Bln In Sarawak In 2024 - Awang Tengah

KUCHING, May 28 (Bernama) -- Petroliam Nasional Bhd (Petronas) has invested RM25 billion in Sarawak last year, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan.

Malaysian, Vietnamese And Singaporean Firms Ink Landmark Deal For Export Of Renewable Energy

KUALA LUMPUR, May 26 (Bernama) -- In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.

Malaysian Cocoa Board To Enhance Cocoa Industry's Competitiveness Via R&D

KOTA KINABALU, May 26 (Bernama) -- The Malaysian government, through the Malaysian Cocoa Board (MCB), plays a key role in driving cocoa research and development (R&D) to boost the industry’s competitiveness.

ASEAN Needs Over US$3 Trillion Investment For Energy Transition By 2050 - Fadillah

KUALA LUMPUR, May 26 (Bernama) -- Malaysia has urged ASEAN member states to embrace a fundamental shift in financing strategies to achieve the region’s ambitious energy transition goals, with cumulative investments estimated at over US$3 trillion by 2050.