| LATEST NEWS | At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | |
LABUAN, April 7 (Bernama) -- Labuan Port continues to play a strategic role as an industrial support hub, particularly for the oil and gas sector, with about 70 per cent of its cargo activities linked to the industry.
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
KUALA LUMPUR, April 6 (Bernama) -- Sunway Bhd’s takeover offer for IJM Corporation Bhd has lapsed after failing to meet more than 50 per cent of the voting shares, said Maybank Investment Bank Bhd (Maybank IB).
KUALA LUMPUR, March 26 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its “positive” stance on the Malaysian healthcare sector despite medical staff shortages.
KUALA LUMPUR, March 25 (Bernama) -- Oil prices are expected to fall to US$66 per barrel in the second quarter of 2026 (2Q 2026), following a stronger performance of US$78 per barrel in the first quarter (1Q 2026), before gradually recovering towards year-end, according to BMI.
KUALA LUMPUR, March 24 (Bernama) -- Malaysia must position itself as a credible and compelling alternative as global investors reassess risk amid the crisis in West Asia, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, March 20 (Bernama) — Asia-Pacific economies now face rising risks of physical shortages, not only of energy, following the latest Iranian attack on Qatar’s Ras Laffan LNG facilities, including oil and gas but also of fertilisers and, by extension, potentially food later in the year.
KUALA LUMPUR, March 19 (Bernama) -- Global Water Intelligence (GWI) DesalData, a global desalination and water reuse market intelligence platform, projected that the Middle East's desalination project pipeline will remain largely intact despite the ongoing regional conflict involving Iran.
KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.
KUALA LUMPUR, March 17 (Bernama) -- Hextar Capital Bhd’s subsidiary, Legacy Core Sdn Bhd, has bagged a sub-contract for the Camp Kabota Project in Tawau, Sabah, with a RM75.9 million contract value.
KUALA LUMPUR, March 17 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has secured an equity capital raise of more than US$1.2 billion. (US$1=RM3.91)
By Samirul Ariff
Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.
