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Baharin to helm Tenaga as new CEO

KUALA LUMPUR: Tenaga Nasional’s chief distribution network officer Datuk Baharin Din will be the new president and chief executive officer on March 1.

Japan’s JERA signs MOU with Malaysia’s Petronas for ammonia, LNG collaboration

TOKYO, Feb 9 (Reuters) – Japan’s biggest power generator JERA has signed a memorandum of understanding (MOU) with Malaysia’s Petronas [RIC:RIC:PETR.UL] to discuss collaborations in energy areas such as ammonia, hydrogen and liquefied natural gas (LNG), the two firms said on Tuesday.

Not all O&G companies will immediately benefit from higher crude oil prices, say analysts

KUALA LUMPUR (Feb 9): While higher Brent crude prices have fanned interest in oil and gas (O&G) counters listed on Bursa Malaysia, fund managers and heads of research believe not every company is set to benefit immediately from the higher prices.

Widad expands client portfolio in renewable energy

KUALA LUMPUR: Widad Group Bhd has entered into a memorandum of collaboration (MOC) with Motion Ventures Sdn Bhd for the provision of facilities management to renewable energy projects in Peninsular Malaysia.

Big LNG boost for Malaysia

Malaysia to allocate another 500 MW of rooftop PV under net metering

The NEM 3.0 program will run until the end of 2023 and will see the participation of residential, commercial and industrial prosumers as well as public entities and government ministries.  

Malaysia files dispute with WTO over EU palm biofuel curbs

Malaysia is in the process of instituting legal action at the global trade watchdog, the World Trade Organization (WTO), against the EU and member states France and Lithuania, in particular, for restricting palm oil-based biofuel production. This was according to a recent statement by the Malaysian government.

Malaysia expands green SRI sukuk grant scheme

The Securities Commission Malaysia (SC) on January 21 announced the expansion of its Green Socially Responsible Investment (SRI) Sukuk Grant Scheme to encourage more companies to finance green, social and sustainability projects through SRI sukuk and bonds issuance.

Shell Reshapes Malaysia Business

Shell (NYSE: RDS.A) has announced that its Malaysia business will be implementing changes to ensure that the company thrives through the energy transition and becomes a simpler organization.

BayWa r.e. sells 44.2 MWp of solar farms in Malaysia

January 20 (Renewables Now) – Germany’s BayWa r.e. renewable energy GmbH has finalised the sale of its first solar farms in Malaysia to Kuala Lumpur-based independent power producer (IPP) reNIKOLA Sdn Bhd.