PETRONAS collaborates with Partners to Accelerate Methane Emissions Reduction
PETRONAS in collaboration with ASEAN energy operators, governmental agencies, and international organisations, launched the ASEAN Energy Sector Methane Leadership Program (MLP) and announced methane abatement flagship projects in collaboration with Japan Organization for Metals and Energy Security (JOGMEC). The event took place at the Methane High-Level session on 26 June during the Energy Asia 2023 […]
Reservoir Link secures contract from Hibiscus Oil & Gas Malaysia
Reservoir Link Energy Bhd has secured a three-year contract from Hibiscus Oil & Gas Malaysia Ltd for the provision of slickline perforation and specialised services.
LDP urges better planning of power supply in Sabah
After 60 years of independence, he said Sabah only has 1,080 megawatts (MW) of power supply for the entire state, while West Malaysia has 25,962 MW and Sarawak has 5,996 MW.
Minister: New green electricity tariff set at 21.8 sen/kWh effective August 1
The new tariff for the Green Electricity Tariff (GET) is set at a rate of 21.8 sen/kWh effective August 1, the Ministry of Natural Resources, Environment and Climate Change said today.
Renewable energy transition needs RM637bil in new investments
KUALA LUMPUR: Malaysia will require an estimated RM637bil in new investments until 2050 in its transition to renewable energy (RE), says Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.
SMEs turn to solar power
PETALING JAYA: Many companies, especially small and medium enterprises (SMEs), are adopting solar energy, saving up to thousands of ringgit each month in electricity.
Shell, PTTEP dial up Sarawak drilling with Noble rig
Noble Corp. said today that Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options for the Noble Viking drillship. One of those wells has been transferred to PTTEP for the Rotan NFE appraisal well, offshore Sabah. The drillship should begin this well in December 2023, with work taking 21 […]
Petronas expects domestic oil, gas output to cross 1.8 mil boe/d this year, says MPM
Petronas’ upstream business Malaysia Petroleum Management expects the company’s domestic oil and gas production to cross 1.8 million b/d of oil equivalent in 2023 and raise its overseas portfolio to 700,000 boe/d by 2030, its senior vice president Mohamed Firouz Asnan told S&P Global Commodity Insights in an interview at the Energy Asia 2023 conference […]
Abang Johari: Investors can take advantage of Sarawak’s low electricity tariffs
Sarawak Premier Tan Sri Abang Johari Openg today urged businessmen from Peninsular Malaysia and outside the country to invest in the state to take advantage of its lowest electricity tariffs in the region.
Samaiden secures 20-year PPA with Yakult Malaysia
Samaiden Group Bhd’s wholly owned subsidiary, Samaiden Capital Management Sdn Bhd has secured a 20-year power purchase agreement (PPA) with Yakult Malaysia Sdn Bhd.