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.

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.

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 […]

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.

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.

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.

Gentari, the clean energy arm of Malaysia’s state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive told Reuters.

Tenaga Nasional Bhd’s (TNB) earnings are expected to be resilient going forward, as the ballooning under-recovery of fuel costs will eventually be recovered under the incentive-based regulatory framework, albeit with a six-month lag.

Sarawak is ready to share its experience with neighbouring countries in the field of renewable energy generation for mutual benefit in terms of environmental and economic sustainability.