The weakness in crude palm oil prices is temporary as demand from top consumer China is expected to pick up after it relaxes its COVID-19 restrictions, Malaysia’s Commodities Minister Zuraida Kamaruddin said on Monday.

Shell PLC (SHEL.L) announced a second investment in Malaysia’s oil and gas sector in a month as the major and its partners, including Petronas, aim to revive output in an environment of tight global supply. Reporting by Ashitha Shivaprasad in Bengaluru and Florence Tan in Singapore; Editing by Christopher Cushing and Raju Gopalakrishnan

UK supermajor Shell has taken the final investment decision on the phase four development of its Gumusut-Kakap-Geronggong-Jagus East deep-water development, with plans to develop two fields discovered in Bruneian waters through a tie-back to its existing Gumusut-Kakap production facilities offshore Sabah, East Malaysia.

Amendments to two energy laws have been passed, as part of the federal government’s review of restoring autonomous powers to Sabah and Sarawak.

Sime Darby Bhd’s move to distribute China based BYD’s cars like the Atto 3 and the new e6 models in Malaysia, analysts speculate, is expected to drive down prices of electric vehicles (EV) but will not fundamentally change the market with EVs set to remain a niche market for automakers in the country despite the […]

Subsidiaries of Malaysian-based MISC Berhad (MISC.KL) have signed long-term charter contracts with a unit of Exxon Mobil (XOM.N) for two liquefied natural gas (LNG) carriers, MISC said on Friday.

Malaysia has published its national energy policy (NEP) 2022-2040, which provides details of its government’s priorities for the energy sector over the next 20 years – including electricity and thermal energy.

Japan and Malaysia’s Petroliam Nasional Bhd are considering future joint investments in gas exploration and production projects as well as developing cleaner ways to make liquefied natural gas.

Computer Forms (Malaysia) Bhd (CFM) and Thailand-based company, Energy Absolute Public Company Ltd (Energy Absolute) are collaborating to form a joint-venture (JV) company to promote, produce and distribute renewable energy (RE) products in Malaysia.

Sarawak is aiming to become a leader in hydrogen economy in Malaysia, with plans to begin large-scale commercial production and export of hydrogen by 2027, The Star reports. Earlier this month, a memorandum of understanding (MOU) was signed involving Sarawak Energy, SEDC Energy – a subsidiary of Sarawak Economic Development Corporation (SEDC) – as well as […]