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Propel Global Signs Sabah Gas Power MoU With Sabah Energy, Reservoir Link

KUALA LUMPUR, Feb 3 (Bernama) -- Propel Global Bhd has signed a memorandum of understanding (MoU)  with Sabah Energy Corporation Sdn Bhd and Reservoir Link Energy Bhd to explore the development of a modular gas power plant in Sabah.

SGX-listed Mooreast Eyes Collaboration With Sime Darby Unit On Offshore, Renewables

SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.

Nuclear Energy Key To Meet Surging Global Power Demand -- Tech Futurist

HOUSTON, Feb 3 (Bernama) -- Nuclear energy should be part of the global solution to meet surging electricity demand while cutting carbon emissions, according to a technology (tech) futurist Pablos Holman.

Malakoff Secures Extension For 2,082MW Gas Power Portfolio

KUALA LUMPUR, Jan 30 (Bernama) -- Malakoff Corporation Bhd said three of its gas power plants with an aggregate capacity of 2,082 megawatt (MW) have been selected for an extension of their operations until Dec 31, 2029, following a notification from the Energy Commission.

Petronas To Sustain Domestic Production At 2 MMboe/d In Next Three Years

KUALA LUMPUR, Jan 29 (Bernama) -- Petroliam Nasional Bhd (Petronas) aims to sustain domestic production at approximately two million barrels of oil equivalent per day (MMboe/d) in the next three years through continued investment in exploration, deepwater development and enhanced oil recovery.

MCE Holdings Subsidiaries Win RM37.9 Mln Supply Deals With Proton

KUALA LUMPUR, Jan 29 (Bernama) -- MCE Holdings Bhd subsidiaries Multi-Code Electronics Industries (M) Bhd and MCE Hengtuo Sdn Bhd have secured contracts worth RM37.9 million from national carmaker Proton Holdings Bhd.

Malaysia’s Automotive Ecosystem A Competitive Base For Export-Oriented Vehicle Assembly - Sim

KUALA LUMPUR, Jan 29 (Bernama) -- Malaysia’s automotive ecosystem continues to strengthen the country’s position as a competitive base for higher-value vehicle assembly and export-oriented manufacturing, according to Deputy Minister of Investment, Trade and Industry Sim Tze Tzin.

Batik Air Malaysia To Add 10 Aircraft This Year, Targets 85 Pct On-time Performance By Mid-year

KUALA LUMPUR, Jan 27 (Bernama) -- Batik Air Malaysia plans to add 10 more aircraft this year, increasing its fleet to 63 planes as the airline accelerates network expansion, improves operational resilience and strengthens connectivity from Subang Airport.

New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Labuan Launches New Gas-fired Power Plant To Bolster Energy Security

LABUAN, Jan 27 (Bernama) -- Rancha Power Sdn Bhd today marked a major milestone in Labuan’s energy development with the groundbreaking of a new 120-megawatt (MW) gas-fired power plant, strengthening the island’s electricity capacity and ensuring a stable and reliable power supply.

OCBC Raises 2026 Gold Forecast To US$5,600 Amid Stronger‑than‑expected Momentum

KUALA LUMPUR, Jan 26 (Bernama) -- Gold prices are set for an upward revision, with the forecast raised to US$5,600 per ounce by the end of 2026, up from the previous estimate of US$4,800, reflecting recent developments and stronger‑than‑anticipated persistence rather than a reassessment of the underlying narrative, said OCBC Group Research.

Saudi Arabia To Host WEF Global Meeting In April

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia is set to host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on April 22 to 23.