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OGSE Sector To Embrace Malaysia's Energy Transition Agenda, Says MOGSC

By Engku Shariful Azni Engku Ab Latif and Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 17 (Bernama) – The domestic oil and gas services and equipment (OGSE) sector is set for continued growth as Malaysia accelerates its energy transition, as outlined in the National Energy Transition Roadmap (NETR).

Petronas LNG Navigates Short-term Market Volatility, Ensures Reliable Delivery -- Ceo

By Zufazlin Baharuddin

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary Petronas LNG Ltd (PLL) will continue to navigate short-term market volatility through strong operational systems and risk management processes to ensure reliable delivery of liquefied natural gas (LNG) to its buyers.

Petronas, Italy’s Eni Ink JV Framework To Explore Regional Upstream Collaboration

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Berhad (Petronas) has entered into a joint venture framework agreement (JVFA) with Italian energy company Eni to further discussions and evaluations aimed at creating a regional upstream joint venture (JV) company. 

Petronas Eyes Seven CCS Sites, Seeks Partners For Carbon Storage Projects

KUALA LUMPUR, June 17 (Bernama) — Petroliam Nasional Bhd (Petronas) is seeking local and international partners across the carbon capture and storage (CCS) supply chain to strengthen its position in the segment, having identified up to seven potential CCS sites in Malaysia.

RON95 Subsidy Cut To Come First, Carbon Tax Expected In 2026 – Amir Hamzah

KUALA LUMPUR, June 17 (Bernama) -- The government will prioritise the rationalisation of RON95 petrol subsidy this year before introducing a carbon tax in 2026, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Petronas Backs Fuel Subsidy Reform To Support Energy Transition

KUALA LUMPUR, June 17 (Bernama) – Petroliam Nasional Bhd (Petronas) has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

Malaysia To Consider Adopting Nuclear Energy To Accelerate Net Zero Target 2050 -- PETRA

KUALA LUMPUR, June 17 (Bernama) -- Malaysia has to relook the whole energy triangle, including the possibility of adopting nuclear energy, in order to achieve its net-zero carbon emissions target by 2050, said Deputy Minister of the Energy Transition and Water Transformation Ministry (PETRA), Akmal Nasrullah Mohd Nasir.

Petronas, Commonwealth LNG Ink 20-year Sustainable LNG Deal

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary, Petronas LNG Ltd, has entered into a liquefied natural gas (LNG) sale and purchase agreement with Commonwealth LNG, LLC, to diversify its LNG portfolio through long-term supply from the United States.

Bursa Malaysia Remains Lower At Midday As Profit-taking Continues

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia remained easier at midday today due to continuing profit-taking, especially on plantation and energy stocks, said analysts. 

Petronas Unveils P-ETA To Accelerate Energy Industry Workforce Development

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and its partners have launched the Petronas Energy Transition Academy (P-ETA) at the Energy Asia 2025 conference here today. 

Petronas To Use AI To Support Upstream Operations

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) is planning to use artificial intelligence (AI) to support its upstream operations, especially in oil and gas production, said its president and group chief executive officer, Tan Sri Tengku Muhammad Taufik. 

Bursa Malaysia Rebounds To Close Higher In Line With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.