AFFIN Islamic Bank Bhd was awarded with a Sustainable Energy Financing award at the National Energy Awards 2020 (NEA 2020), under the Special Awards category.

LONDON: Royal Dutch Shell swung back into profit in the first quarter as oil prices recovered strongly from a year earlier, the company said Thursday. The Anglo-Dutch group posted a net profit of US$5.7 billion in the first three months of the year, Shell said in a statement.

KUALA LUMPUR (Nov 22): Malaysia needs to put forth a clear plan on how it plans to achieve the commitments made at the United Nations (UN) Climate Change Conference 2021 (COP26) and take into serious consideration the global trends in combatting climate change.

HAZE occurs when dust and smoke particles accumulate in the air. When weather conditions block the dispersal of smoke and pollutants, they concentrate and form a low-hanging shroud that impairs visibility and may become a respiratory health threat. Since 1991, haze has been an acute problem in Southeast Asia because Indonesian forests are burned to […]

KUALA LUMPUR: AirAsia Group Bhd (AirAsia) is keen on using palm oil as part of its sustainable programme to develop biofuel-powered flights in the future. AirAsia founder and group chief executive officer Tan Sri Tony Fernandes said the low-cost carrier (LCC) is in the midst of conducting a research on palm oil-related biofuel with various […]

KUALA LUMPUR: All roads nationwide will be lit with LED lamps, instead of the traditional light bulbs, in a move to save energy by as much as 50%. Right now, about 80% of streetlamps in Malaysia use other forms of lighting apart from LED (light-emitting diodes), which are known to be more energy-efficient and environmentally […]

KUALA LUMPUR: Allianz General Insurance Company (Malaysia) Bhd plans to provide protection for solar photovoltaic (PV) systems in a partnership with renewable energy project specialist Cenergi SEA Sdn Bhd. Allianz Malaysia Bhd said its general insurance arm had on Monday (Feb 3) inked a memorandum of understanding (MoU) with Cenergi and Sterling Insurance Brokers Sdn Bhd, […]

KUALA LUMPUR (June 29): Integrated industrial space solutions provider AME Elite Consortium Bhd has formed a joint venture (JV) to provide one-stop solar energy solutions to corporations in Peninsular Malaysia as well as the group’s i-Park industrial parks.

KUALA LUMPUR, Nov 16 — Minister of Finance Lim Guan Eng insisted today that Putrajaya’s finances will not be affected if oil prices drop. This comes amid concerns over the commodity’s near-term prospects as uncertainties dog the global economic outlook for next year. Oil accounts for up to 14 per cent of next year’s Budget […]

THERE was a spike in energy consumption in the last few months across the country, due to some of the highest temperatures ever experienced in the country. This often means higher energy and electricity consumption, which is relevant in today’s growing concern for sustainability, whether to choose cleaner energy sources, rising fuel prices and the […]