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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 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.

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.

Anwar Praises EPF's Efforts In Enhancing Retirement Adequacy

KUALA LUMPUR, June 17 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has commended the Employees Provident Fund's (EPF) efforts in exploring new approaches to enhance Malaysian retirement adequacy. 

Zycus Horizon SEA 2025 In Malaysia Spotlights Agentic AI’s Impact On Procurement

KUALA LUMPUR, June 17 (Bernama) -- Zycus concluded its flagship Southeast Asia conference, Horizon SEA 2025, on a high note, drawing procurement leaders from Malaysia, Singapore, the Philippines, India, and the broader Asia Pacific (APAC) and Middle East regions.

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, Commonwealth LNG Ink 20-year Sustainable LNG Deal

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd, has entered into a liquefied natural gas (LNG) sale and purchase agreement with Commonwealth LNG, LLC, to diversify its LNG portfolio through long-term supply from the United States.

Cloudera EVOLVE25 To Unite Global Leaders In AI, Data And Hybrid Cloud Innovation

KUALA LUMPUR, June 17 (Bernama) -- Cloudera, the hybrid platform provider for data, analytics and artificial intelligence (AI), will hold its annual EVOLVE25 conference series across four continents to highlight the role of unified hybrid data platforms in powering AI-driven innovation.

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.

ASEAN Power Grid's Enhanced MoU To Focus On Regulations, Technical Requirements -- Fadillah

KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

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).