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KUALA LUMPUR, March 14 (Bernama) -- Copenhagen Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, has surpassed its target size of 12 billion euros at final close, reflecting strong investor interest in large-scale greenfield energy infrastructure investments. (1 Euro = RM4.80)
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KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
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KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).
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KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.
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KUALA LUMPUR, Feb 26 (Bernama) – Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) will expedite cooperation in Vietnam’s energy sector, encompassing upstream and downstream activities, gas, and renewable energy (RE), said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023.
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KUCHING, Feb 25 (Bernama) -- Brunei is eager to explore new partnership opportunities with Sarawak to advance clean energy initiatives.
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KUALA LUMPUR, Feb 25 (Bernama) -- Intra-ASEAN investment opportunities remain largely untapped and significant efforts are still needed to achieve regional regulatory alignment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Abdul Ghaffour.
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KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.
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KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s position is clear that it remains non-aligned and will not be drawn into great power rivalries, said Prime Minister Datuk Seri Anwar Ibrahim.
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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.
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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).