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MPRC Should Take Stronger Role To Help OGSE Companies Expand Globally -- Akmal Nasrullah

PUTRAJAYA, June 8 (Bernama) -- The Malaysia Petroleum Resources Corporation (MPRC) should take a stronger leadership role in helping Malaysian oil and gas services and equipment (OGSE) companies expand beyond the domestic market and build long-term industry resilience, according to Minister of Economy Akmal Nasrullah Mohd Nasir.

Bursa Malaysia Lower As West Asia Tension, Tech Sell-off Weigh On Global Markets

By Harizah Hanim Mohamed

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia recorded a decline of 0.82 per cent at the close today with the diversified composition of the FTSE Bursa Malaysia KLCI (FBM KLCI) helping to cushion the impact of global market weakness.

North Atlantic France To Launch Tender Offer For Remaining North Atlantic Energies Shares

KUALA LUMPUR, June 8 (Bernama) -- North Atlantic France announced its plans to launch a simplified mandatory tender offer for the remaining shares of North Atlantic Energies that it does not already own, offering 28.93 euros per share. (1 Euro = RM4.66)

West Asia Conflict Drives Near-Term APAC Coal Demand Spike -- Rystad Energy

KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.

Gas Malaysia Advances Energy Security, Resilience Via Partnership With Tokyo Gas, VTTI

KUALA LUMPUR, June 8 (Bernama) -- Gas Malaysia Bhd, a unit of MMC Corporation Bhd, took a significant step in strengthening Malaysia’s energy security with the signing of a joint development agreement with Tokyo Gas Co Ltd and VTTI BV for the proposed development of a liquefied natural gas (LNG) regasification terminal (RGT) in Yan, Kedah.

Anwar's Japan Visit To Advance Cooperation In Economy, Science, Technology

TOKYO, June 8 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Japan is expected to provide strategic opportunities for Malaysia to expand cooperation in the fields of the economy, science and technology, as well as capacity building.

Mobix Labs Enters Agreement To Acquire Drone Maker Vision Aerial

KUALA LUMPUR, June 8 (Bernama) -- Mobix Labs Inc has signed a binding letter of intent to acquire Vision Aerial Inc, a Montana-based manufacturer of American-built drones, as part of its acquisition-led growth strategy.

Bursa Malaysia Lower At Midday Amid Renewed West Asia Tensions

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia finished the morning session in negative territory, mirroring regional peers that tumbled amid fresh strikes in West Asia and concerns over technology stocks.

Supply Crisis To Push Costs Beyond Oil Prices, Whole-of-nation Response Needed -- Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually affect households through rising costs of living, according to Tan Sri Mohd Hassan Marican.

Energy Disruptions Could Spill Over Into Food, Medical Supplies And Manufacturing, Warns Hassan Marican

KUALA LUMPUR, June 8 (Bernama) -- Disruptions to energy and petrochemical supplies could have far-reaching implications beyond fuel availability, potentially affecting items critical to everyday life, such as medical supplies, food packaging and agricultural fertilisers, according to Tan Sri Mohd Hassan Marican.

Bursa Malaysia Tracks Global Markets To Open Lower

KUALA LUMPUR, June 8 (Bernama) -- Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.

Malaysia’s Nuclear Decision Depends On Preparedness Across 19 Key Areas - EC

KUALA LUMPUR, June 4 (Bernama) -- Malaysia’s decision on whether to launch a nuclear power programme will depend on its level of preparedness across 19 key areas, which mostly focus on safety, said Energy Commission (EC) chief executive officer, Siti Safinah Salleh.