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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. 

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.

Lack Of Investments And Cost Of Capital For Gas Development Weaken Energy Security - International Gas Union

KUALA LUMPUR, Feb 13 (Bernama) -- The lack of investments and raising the cost of capital for gas development will endanger energy security and weaken the industry's capability to provide affordable, reliable and sustainable energy to people at large, said International Gas Union (IGU) president Li Yalan (she).

Economy Ministry To Launch Natural Gas Roadmap By Third Quarter This Year -- Rafizi

KUALA LUMPUR, Feb 13 (Bernama) -- The Ministry of Economy will launch the Natural Gas Roadmap in the second or third quarter of this year to ramp up investments into the sector, said its minister Datuk Seri Rafizi Ramli today. 

Binastra Bags RM250.37 Mln Data Centre Construction Project

KUALA LUMPUR, Feb 12 (Bernama) -- Binastra Corp Bhd’s (Binastra) wholly-owned subsidiary Binastra Builders Sdn Bhd has bagged a RM250.37 million data centre construction project in Cyberjaya, Selangor from MYT DC3 Sdn Bhd.

Kinergy Ventures Into IPP Sector, Acquires 47.5 Pct Stake In Jati Cakerawala

KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.

Proton Begins Construction Of RM82 Mln EV Plant In Tanjung Malim

TANJUNG MALIM, Feb 7 (Bernama) -- Proton Holdings Bhd has begun constructing a new electric vehicle (EV) manufacturing plant at its high-tech facility here today.

Petronas Clarifies SSGP Decommissioning Affects Only Sections In Sarawak

KUALA LUMPUR, Feb 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) has clarified that the decommissioning of the Sabah-Sarawak Gas Pipeline (SSGP) will only affect the section that runs through Lawas, Limbang, Miri and Bintulu in Sarawak. 

Malaysia Well-positioned With AI-ready Data Centres - Juwai IQI

KUALA LUMPUR, Feb 3 (Bernama) -- Malaysia is well positioned for a world where artificial intelligence (AI) dominates data centre development, as not all data centres are suitable to support the coming AI boom, said global real estate agency Juwai IQI. 

Weststar-GAP Aviation Bags RM176 Mln Helicopter Transportation Contract In Timor-Leste

KUALA LUMPUR, Jan 31 (Bernama) -- Weststar-GAP Aviation LDA, a joint venture between Timor GAP-Timor Gas Petroleo, EP, and Weststar Aviation Timor, Unipessoal, LDA, has secured a helicopter transportation services contract with an Australian energy company Santos NA (19-12) Pty Ltd worth US$40 million or RM175.6 million.

Analysts Mixed On Oil And Gas After Petronas Releases Activity Outlook 2025-2027

KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.

Petronas Mulling Decommissioning Of Matured Assets, Including Sabah-Sarawak Gas Pipeline

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) is looking at decommissioning activities of matured assets in the country's upstream operations, including the Sabah-Sarawak Gas Pipeline (SSGP).