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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.
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).
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.
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.
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.
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.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia closed lower on Friday, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks.
KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia opened lower on Friday, retreating from the previous day’s gains, weighed down by weak performances across regional markets.
KUALA LUMPUR, June 11 (Bernama) -- The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.07 and RM2.05 per litre respectively, from June 12 to 18.
KUALA LUMPUR, June 11 (Bernama) -- Malaysia's April 2025 Industrial Production Index (IPI) rose 2.7 per cent year-on-year (y-o-y), said the Statistics Department Malaysia (DOSM).
KUALA LUMPUR, June 10 (Bernama) -- Taiwan was Malaysia’s fourth-largest trading partner in 2024, with trade valued at RM176.10 billion, representing a 38.5 per cent growth from the previous year, according to the Malaysia External Trade Development Corporation (MATRADE).
KUALA LUMPUR, June 10 (Bernama) -- Energy Asia 2025 is set to attract more than 4,000 international delegates when it returns for its second edition from June 16 to 18, at the Kuala Lumpur Convention Centre.
