There are 555 news based on search keyword " energy transition"

TNB Shares Down In Early Session Despite Posting Stronger 3Q Net Profit

KUALA LUMPUR, Dec 2 (Bernama) -- Tenaga Nasional Bhd’s (TNB) share prices on Bursa Malaysia slipped in today’s early session despite posting a stronger performance in the third quarter (3Q) of financial year 2024.

Prioritise Domestic Shipping To Boost Green Initiatives, Support Local Vessel Usage, Says MASA

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 1 (Bernama) – The government must prioritise the domestic shipping industry to advance green shipping and simultaneously develop a new national shipping policy to address long-standing gaps in the sector, said a shipping industry association.

High-quality Corporate Reporting Helps Malaysia's Economy To 'Raise The Ceiling' - Amir Hamzah

KUALA LUMPUR, Nov 28 (Bernama) -- High-quality corporate reporting could play a role within the MADANI Economy framework, where Malaysia aims to 'raise the ceiling' by expanding the economic pie, fostering broader participation and increasing the complexity of our economy. 

TNB Net Profit Almost Doubles To RM1.58 Bln In 3Q Amid Higher Electricity Sales

KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.

AFA Eyes Annual Growth Of 2-3 Pct Driven By Strategic Infrastructure Projects

KUALA LUMPUR, Nov 28 (Bernama) -- AFA Infrastructure and Development Sdn Bhd (AFA) is targeting annual revenue growth of two to three per cent, driven by strategic infrastructure projects and a consolidated operational structure aimed at enhancing Malaysia’s transportation network.

Blackstone, Santander Finalise US$1 Bln Infrastructure Loan Portfolio Deal

KUALA LUMPUR, Nov 27 (Bernama) -- Blackstone and Santander Corporate & Investment Banking have reached an agreement under which funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a US$1 billion portfolio of high-quality infrastructure loans from Santander. (US$1=RM4.45)

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira. 

PM Anwar Encourages South Korean Investors To Explore Opportunities In Malaysia

KUALA LUMPUR, Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia and to collaborate in efforts to boost and achieve mutual prosperity.

Saudi Arabia Kicks Off 28th World Investment Conference

KUALA LUMPUR, Nov 25 (Bernama) -- The 28th annual World Investment Conference (WIC) is taking place in Riyadh for three days until Nov 27, gathering global leaders in investment, government, and international organisations.

Sarawak Makes Significant Progress In CCUS - Abang Johari

KUCHING, Nov 25 (Bernama) -- Sarawak is making significant progress in carbon capture, utilisation and storage (CCUS) to position the state as the CCUS heartland for the Asia Pacific region, said Sarawak Premier Tan Sri Abang Johari Tun Openg. 

PM Anwar Will Meet South Korea's Chaebol Leaders, Attract Foreign Investment

From Mohd Shukri Ishak

SEOUL, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim is scheduled to meet leaders of South Korean conglomerates, or "chaebol", to attract more foreign direct investments to Malaysia.

Oil And Gas Exploration Vital For Decarbonisation Despite Investment Decline

KUALA LUMPUR, Nov 22 (Bernama) -- Investment in oil and gas exploration has plummeted two-thirds in the last decade,  but according to Wood Mackenzie's latest Horizons report, the sector remains crucial for decarbonisation and providing advantaged barrels in the energy transition.