KUALA LUMPUR, April 27 — Primary Industries Minister Teresa Kok said the ministry is planning to produce biofuel using palm oil for the aviation industry, in a bid to boost palm oil sales and to reduce carbon emissions. In a special media interview on Thursday, Kok said the move fulfils Malaysia’s commitment as a member […]

Malaysia’s edotco Group, an integrated telecommunications infrastructure services company that specializes in tower services, has deployed a hybrid renewable energy solution with fuel cells to power remote, off-grid sites in Sabah. Using electrolyzer-based fuel cells with hydrogen storage, solar and lithium batteries, the off-grid solution can generate clean energy to power base transceiver stations (BTS), […]

KUALA LUMPUR: Debt-laden oil and gas services company Barakah Offshore Petroleum Bhdimage: https://cdn.thestar.com.my/Themes/img/chart.png has entered into a memorandum of understanding (MOU) with Vallianz Holdings Ltd to form a strategic alliance for both parties’ to explore business opportunities in Malaysia and the Middle East. Vallianz is 57.67%-owned by Saudi’s Rawabi Holding Company Ltd and is listed on […]

PETALING JAYA: Human activities are contributing to climate change and this has affected the quality of life in some places around the world. It leads us to this question: Is Malaysia environmentally-friendly? According to an analysis on the Greenest Countries in Asia Pacific by Singapore-based research firm ValueChampion, Japan is the greenest country, followed by […]

Opponents of coal-fired power stations have done a great disservice to the economy of Sabah, said Sabah Deputy Chief Minister Wilfred Madius Tangau. The state industrial development minister said those who opposed the proposed coal-fired power station in Lahad Datu years ago were now coming to see him to propose a similar power generation project […]

PETALING JAYA: Petroliam Nasional Bhd (Petronas) will soon mark its international foray into renewable energy once it completes the acquisition of Amplus Energy Solutions Pte Ltd, better known as M+ later this month. The state-owned oil and gas (O&G) giant has entered into an agreement with I Squared Capital to acquire a 100% interest in […]

According to a recent report, a major multinational German automobile manufacturer announced that unveiling of its first Battery Electric Vehicle (BEV) or pure electric vehicle at the Malaysia Autoshow 2019. The first-ever i3s adds to the premium automaker’s portfolio of “Visionary Mobility” vehicles and reinforces the company’s Malaysia branch as the leading e-mobility provider in […]

PETALING JAYA: Sapura Energy Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png ’s shares rose after it announced it had secured RM1.3bil worth of new jobs.The oil and gas counter, which was briefly suspended yesterday pending the announcement, gained one sen to close at 34.5 sen. It was the most actively traded counter, with 312.4 million shares changing hands. In […]

KUALA LUMPUR: Malaysian Rating Corporation (MARC) has affirmed its corporate credit rating on Tenaga Nasional Bhdimage: https://cdn.thestar.com.my/Themes/img/chart.png (TNB) at AAA and its sukuk rating on the power giant’s RM2bil Al-Bai’ Bithaman Ajil Bonds at AAAIS. It said on Friday the ratings outlook was stable. TNB’s ratings benefit from a two-notch uplift to reflect MARC’s assessment […]

Dow (Midland, Mich.; www.dow.com) signed an agreement with Petronas Chemicals Glycols, a subsidiary of the petrochemical arm of Petronas and Malaysia’s leading chemicals producer, Petronas Chemicals Group Berhad (www.petronaschemicals.com.my), to collaborate on a carbon project at Petronas world-scale ethylene oxide (“EO”) production facility in support of the Dow- International Olympic Committee’s (IOC) Official Carbon Partnership. […]