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ConocoPhillips Eyes Investment In Sabah, Reaffirms Commitment To Malaysia

KUALA LUMPUR, June 18 (Bernama) -- United States oil giant ConocoPhillips has set its sights on potential investments in Sabah while reaffirming its long-term commitment to Malaysia.

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.

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.

International Collaboration Crucial For ASEAN’s Sustainable Energy Future -- Fadillah

KUCHING, June 16 (Bernama) -- International collaboration is vital for ASEAN to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Petronas To Use AI To Support Upstream Operations

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) is planning to use artificial intelligence (AI) to support its upstream operations, especially in oil and gas production, said its president and group chief executive officer, Tan Sri Tengku Muhammad Taufik. 

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.

SST Expansion A Strategic Window For Business Readiness, Says MAICCI Women’s Wing Head

KUALA LUMPUR, June 15 (Bernama) -- The expansion of the Sales and Service Tax (SST) beginning July 1, 2025, is seen as a timely and strategic move that provides businesses, particularly women-led enterprises, with the clarity and space to strengthen operations and build long-term resilience.

Kao Unveils Integrated Report 2025, Highlights ‘K27’ Progress And ROIC Gains

KUALA LUMPUR, June 13 (Bernama) -- Kao Corporation has published the Kao Integrated Report 2025 on its website, providing shareholders, investors, and stakeholders with a comprehensive overview of its initiatives and strategic direction.

CGTN Highlights Breakthrough In China-US Trade Talks Following London Meeting

KUALA LUMPUR, June 12 (Bernama) -- China and the United States (US) have made notable progress in addressing bilateral economic and trade concerns, according to China Global Television Network (CGTN), following the first official meeting of their new economic and trade consultation mechanism held in London.

APEC Finance Ministers To Launch New Roadmap In October - Lim

KUALA LUMPUR, June 11 (Bernama) -- Asia-Pacific Economic Cooperation (APEC) Finance Ministers will unveil a new roadmap this October to replace the Cebu Action Plan, setting out priorities for the Finance Ministers’ Process (FMP) over the next five years, said Deputy Finance Minister Lim Hui Ying.