Govt Diversifies Gas Supply Sources To Strengthen National Energy Security

KUALA LUMPUR, Aug 3 (Bernama) -- The government is prioritising Malaysia's energy security by diversifying access to large-scale gas resources that could broaden supply options and enhance the country's energy resilience.

Sarawak Energy Bhd Appoints Ruslan Abdul Ghani As Group CEO Designate Effective Sept 1

KUCHING, Aug 3 (Bernama) -- Sarawak Energy Bhd has announced the appointment of Datuk Ruslan Abdul Ghani as group chief executive officer (CEO) designate, effective Sept 1.

Bearish Bias Expected For CPO Futures Next Week

By K. Naveen Prabu

KUALA LUMPUR, Aug 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, weighed down by weakness in the energy markets.

Asian LNG Prices May Decline If Peace Talks Progress - Rystad Energy

KUALA LUMPUR, July 31 (Bernama) -- Asian liquefied natural gas (LNG) prices are expected to decline further for the remainder of the year if peace talks between the United States (US) and Iran progress, according to Rystad Energy. 

PSP Energy's Unit Secures Sinopec Lubricant Distributorship Deal

KUALA LUMPUR, July 30 (Bernama) -- PSP Energy Bhd’s (PSP Energy) wholly owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants), has been appointed by Sinopec Lubricant Co Ltd (Sinopec) as its authorised distributor for Perak, Kelantan, Terengganu and Pahang.

Petra Energy Unit To Dispose Of Two Vessels For RM61.31 Mln

KUALA LUMPUR, July 29 (Bernama) -- Petra Energy Bhd's wholly-owned subsidiary Petra Marine Sdn Bhd (PMSB) has inked two memoranda of agreement (MoAs) for the disposal of its vessels for a total of about RM61.31 million.

ASEAN Needs Massive Capital, Stronger Partnerships To Accelerate Energy Transition -- Anwar

PETALING JAYA, July 29 (Bernama) -- ASEAN requires massive, sustained and structured capital to build solar farms, upgrade grids, install battery storage, and upskill workers, as national governments cannot bear this burden alone, said Prime Minister Datuk Seri Anwar Ibrahim.

United Asiapac Energy Launches IPO At 35 Sen A Share

KUALA LUMPUR, July 28 (Bernama) -- Oil and gas services firm United Asiapac Energy Bhd has launched its initial public offering (IPO) at an issue price of 35 sen per share, with its listing on the ACE Market of Bursa Malaysia Securities Bhd scheduled for Aug 19.

Penang On Track To Achieve 10 Pct Renewable Energy Target By 2030 – Chow

GEORGE TOWN, July 28 (Bernama) -- Penang is making steady progress in its renewable energy transition, with clean energy now contributing about six per cent of the state’s energy mix.

SBM Offshore Strengthens Malaysia’s Role In Global Offshore Energy Projects

KUALA LUMPUR, July 27 (Bernama) -- Malaysia is strengthening its position in the global offshore energy value chain, with local engineering and technical teams taking on increasingly complex responsibilities in international project execution.

CPO Futures Seen Lower Next Week On Profit-taking After Recent Rally

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week as profit-taking is likely to emerge after the recent rally despite crude oil prices remaining elevated.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.