SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd. 

FM Global Logistics Unit Partners With Three Companies To Deepen ESG Commitment

KUALA LUMPUR, Feb 20 (Bernama) -- FM Global Logistics Holdings Bhd via its wholly-owned unit FM Global Logistics Sdn Bhd has partnered with three companies, Scania Malaysia Sdn Bhd, Solarvest Energy Sdn Bhd, and JAC Motors Malaysia Sdn Bhd, to deepen its commitment to the environmental, social, and governance (ESG) agenda.

Mavcom: Airlines Must Offer Passengers Refunds For Flight Delays Of Five Hours Or More

By Abdul Hamid A Rahman and Mikhail Raj Abdullah

KUALA LUMPUR, Feb 19 (Bernama) -- The Malaysian Aviation Commission (MAVCOM) today reiterated that airline passengers have the option of a refund of their tickets if their flight is delayed by five hours or more.

RHB Raises Sustainable Financing Target To RM90 Bln By 2027

KUALA LUMPUR, Feb 19 (Bernama) -- RHB Banking Group has set a new target of RM90 billion for sustainable financial services (SFS) by 2027 from its earlier RM50 billion target by 2026.

PETRA Committed To Exploring Methods To Reduce Carbon Emissions In Electricity Generation

KUALA LUMPUR, Feb 19 (Bernama) -- The Ministry of Energy Transition and Water Transformation (PETRA) is committed to ensuring that Malaysia continues to explore methods to reduce carbon emissions in electricity generation.

SC Partners ICAEW To Enhance Expertise In Sustainability Disclosures

KUALA LUMPUR, Feb 19 (Bernama) -- The Securities Commission Malaysia (SC) has initiated a collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW) through a letter of intent (LoI) to work together in specific areas.

Yinson Production Completes Acquisition Of Stella Maris CCS

KUALA LUMPUR, Feb 19 (Bernama) -- Yinson Holdings Bhd’s offshore business arm, Yinson Production, has completed the acquisition of 100 per cent shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

Malaysia Should Lead ASEAN’s Green Shipping Transition Through Financing, Collaboration, Says Expert

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia should spearhead sustainable or green shipping initiatives within ASEAN, such as expanding access to regional financing schemes and promoting cooperation in carving out low-carbon shipping routes.

Mitsubishi Electric, CP Group To Promote Carbon Neutrality, Circular Economy In Thailand

KUALA LUMPUR, Feb 18 (Bernama) -- Mitsubishi Electric Corporation and Charoen Pokphand Group (CP) have signed a memorandum of understanding (MoU) to jointly work on environmental sustainability in Thailand.

Petronas Unit Monitoring Low Production Of Oil And Gas In Peninsular Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Feb 17 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly-owned subsidiary Petronas Energy & Gas Trading (PEGT) is closely monitoring the low oil and gas production in Peninsular Malaysia and proactively collaborating with stakeholders to ensure a continued and stable gas supply in the country. 

Sarawak Energy Commissions Malaysia’s First Utility-Scale Battery Storage System

KUCHING, Feb 14 (Bernama) -- Sarawak Energy Bhd (SEB) has commissioned Malaysia’s first utility-scale Battery Energy Storage System (BESS) at the Sejingkat Power Plant.  

Malaysia's RE Sector Seen Entering 'Supercycle' As Country Accelerates Energy Transition

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia's renewable energy (RE) sector is expected to enter a “multi-decade supercycle” as the country accelerates its energy transition.