TNB and Petronas to work together on green energy plans
Tenaga Nasional Bhd (TNB) has announced plans to work with Petroliam Nasional Bhd (Petronas) to conduct feasibility studies on hydrogen and carbon capture in an effort to unlock RM10 billion in commercial value by 2035.
Takiyuddin: 100pc use of renewable energy proposed for Redang, Perhentian, Tioman islands
Three islands in the country are being proposed to be green energy islands, using 100 per cent renewable energy, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.
Malaysia’s Tenaga to invest $4.5 bln a year to speed energy transition
Malaysian utility Tenaga Nasional Bhd (TNB) (TENA.KL) said on Wednesday it was aiming for capital expenditure of about 20 billion ringgit ($4.48 billion) annually till 2050 to fast track its energy transition plans.
Petronas: VFP approves RM1.6bil funding as of July 2022
The Petronas Vendor Financing Programme (VFP) continues to make positive impact on the industry with more than 260 applications and RM1.6 billion worth of funding approved as of July 2022.
PETRONAS and JOGMEC to cooperate in energy transition initiatives
PETRONAS has signed a Memorandum of Cooperation (MoC) with Japan Organization for Metals and Energy Security (JOGMEC) to cooperate in energy transition initiatives towards achieving respective energy transition and decarbonisation targets.
Energy security, affordability key focus among consumers
Energy security and affordability remain foundational expectations among consumers, according to the Ernst & Young (EY) Energy transition consumer insights report.
Sabah Energy inks multiple natural gas agreements with major investors
Sabah Energy Corporation Sdn Bhd (SEC) has inked multiple natural gas sales agreements (GSAs) and heads of agreement (HoA) with major investors in the state. In a statement, Sabah chief minister Hajiji Noor said that with this development, the state’s largest domestic supplier and transporter of natural gas is now playing an integral role in […]
Rafizi: Malaysia to focus on less controversial energy sources after joining Japan-led Azec
Minister of Economy Rafizi Ramli said that the government intends to focus on three renewable energy sources namely biomass, hydrogen and ammonia after announcing that the country joining Japan-led Asia Zero Emission Community (Azec).
Petronas aims to complete Malaysia LNG investigation by mid-year
Malaysia’s state energy company Petroliam Nasional Berhad, or Petronas, aims to complete an investigation into disruption of Malaysia LNG gas supply by the middle of the year, CEO Tengku Taufik told reporters on Friday.
Shell to invest in second Malaysia oil, gas project in a month
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