Gov’t Takes Precautionary Measures To Mitigate Impact Of Global Energy Crisis - PM

KUALA LUMPUR, April 3 (Bernama) -- The government has taken precautionary measures in coordinating the implementation of national policies, particularly to address the impact of the global energy crisis, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia’s Crude Oil Supply Adequate, Almost 40 Pct Of Imports Via Strait Of Hormuz - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).

PTT Synergy Unit Inks Asrs Deal, Secures RM31.68 Mln Contract From Sime Darby Property

KUALA LUMPUR, April 3 (Bernama) -- PTT Synergy Group Bhd’s indirect 70 per cent-owned subsidiary, PTT Robotics Sdn Bhd (PTTR), has entered into a warehouse automation system agreement with Sime Darby Property Bhd and Mydin Mohamed Holdings Bhd.

CPO Futures End Higher On Lower Inventory Expectations

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, April 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday, boosted by expectations of lower inventories in the coming weeks, a trader said.

Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - Petronas

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).

Rising Costs Across The Energy Value Chain Limit Petronas’ Profits

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).

Petronas Shortens Planning Horizon To 45 Days Amid Global Supply Risks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.

Gold Futures End Higher

KUALA LUMPUR, April 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled higher on Friday after the US dollar trended lower ahead of economic data scheduled for release next week.

Hajj Operations Remain On Track Despite West Asia Tension - MAG

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 2 (Bernama) -- Malaysia Aviation Group (MAG) has reaffirmed that its Hajj flight operations for the 2026 season will proceed as scheduled despite ongoing geopolitical tensions in West Asia that have disrupted air travel in parts of the region. 

Hassan Marican Appointed As Chairman Of Crisis Management Task Force - Fahmi

KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.

MATRADE Aims To Boost Malaysia-Uzbekistan Trade, Taps Central Asia As Strategic Gateway

KUALA LUMPUR, April 3 (Bernama) -- The Malaysia External Trade Development Corp (MATRADE) is stepping up efforts to strengthen bilateral trade between Malaysia and Uzbekistan, positioning the Central Asian nation as a strategic gateway to the broader regional market.

Ringgit Revisits 4.02 Level Against US Dollar On Easing Energy Supply Concerns

KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.