OGSE Sector To Embrace Malaysia's Energy Transition Agenda, Says MOGSC

By Engku Shariful Azni Engku Ab Latif and Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 17 (Bernama) – The domestic oil and gas services and equipment (OGSE) sector is set for continued growth as Malaysia accelerates its energy transition, as outlined in the National Energy Transition Roadmap (NETR).

Petronas, Italy’s Eni Ink JV Framework To Explore Regional Upstream Collaboration

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Berhad (Petronas) has entered into a joint venture framework agreement (JVFA) with Italian energy company Eni to further discussions and evaluations aimed at creating a regional upstream joint venture (JV) company. 

Petronas Eyes Seven CCS Sites, Seeks Partners For Carbon Storage Projects

KUALA LUMPUR, June 17 (Bernama) — Petroliam Nasional Bhd (Petronas) is seeking local and international partners across the carbon capture and storage (CCS) supply chain to strengthen its position in the segment, having identified up to seven potential CCS sites in Malaysia.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Backs Fuel Subsidy Reform To Support Energy Transition

KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

Malaysia To Consider Adopting Nuclear Energy To Accelerate Net Zero Target 2050 -- PETRA

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has to relook the whole energy triangle, including the possibility of adopting nuclear energy, in order to achieve its net-zero carbon emissions target by 2050, said Deputy Minister of the Energy Transition and Water Transformation Ministry (PETRA), Akmal Nasrullah Mohd Nasir.

Petronas Unveils P-ETA To Accelerate Energy Industry Workforce Development

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and its partners have launched the Petronas Energy Transition Academy (P-ETA) at the Energy Asia 2025 conference here today. 

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

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.

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.

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.