PETROS Inks Strategic Energy Deals With International Partners

KUCHING, Nov 11 (Bernama) -- Petroleum Sarawak Bhd (PETROS) has signed three strategic energy agreements with international partners to advance oil and gas exploration and accelerate carbon capture, utilisation and storage (CCUS) initiatives in Sarawak.

Petronas Unit Receives Malaysia’s First Offshore CCS Assessment Permit

KUALA LUMPUR, Nov 10 (Bernama) -- Petronas’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV) has been granted an offshore assessment permit for Carbon Capture and Storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency.

Finland’s Success In Climate Solutions Offers Valuable Lessons For Malaysia

From Zufazlin Baharuddin

HELSINKI, Nov 9 (Bernama) -- Finland’s leadership and success in climate solutions through the implementation of a circular economy is nothing short of remarkable and offers valuable lessons for Malaysia, which has embraced similar ideals in promoting sustainability.

TNB Takes Multi-Pronged Approach Towards Renewable Energy

By M. Saraswathi

KUALA LUMPUR, Nov 9 (Bernama) -- Tenaga Nasional Bhd (TNB) is intensifying its sustainability journey under its Net Zero 2050 plan, spearheading renewable initiatives including hybrid hydro-floating solar projects, hydrogen partnerships, and a flexible cross-border grid for renewable integration. 

Logistics, Transport Sector Remains Key Driver Of Malaysia’s Economic Growth - Transport Sec-gen

By Jailani Hasan

SHAH ALAM, Nov 8 (Bernama) -- The logistics and transport sector continues to play a crucial role as a key engine of Malaysia’s economic growth, contributing between four and six per cent to the national gross domestic product in recent years, said Ministry of Transport secretary-general Datuk Seri Jana Santhiran Muniayan.

Government Yet To Finalise Carbon Tax Rate - Amir Hamzah

KUALA LUMPUR, Nov 6 (Bernama) -- The government has yet to determine an appropriate rate for the carbon tax, which is scheduled for implementation next year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Urgent Action Needed To Address Intensifying Climate Change Effects - Sultan Nazrin

KUALA LUMPUR, Nov 6 (Bernama) -- Scientific and financial resources must be urgently directed towards understanding and addressing the effects of climate change, as extreme weather events are no longer rare but recurring and intensifying, said the Sultan of Perak, Sultan Nazrin Shah.

Leverage Digitalisation To Enhance ESG Transparency, Governance -- Akmal Nasrullah

KUALA LUMPUR, Nov 4 (Bernama) -- Malaysia must leverage digitalisation to enhance data transparency in environmental, social and governance (ESG) reporting, strengthen governance mechanisms to boost investor confidence, and invest in human capital for a workforce that is ready for tomorrow’s energy technologies.

Bilateral Deals To Boost Investment, Lower CCUS Infrastructure Costs In Malaysia

KUALA LUMPUR, Nov 3 (Bernama) -- The signing of bilateral agreements with foreign countries is expected to spur investment inflows and help offset the cost of developing carbon capture, utilisation and storage (CCUS) industrial hub infrastructure in Malaysia.

Global Expert Panel Formed To Build Financial-Grade Carbon Accounting Framework

KUALA LUMPUR, Oct 30 (Bernama) -- Carbon Measures and the International Chamber of Commerce (ICC) have announced the formation of an independent expert panel to design a global carbon emissions accounting system modelled on financial accounting principles.

SIAD To Supply 3,500 MTPD Air Separation Unit For Pacifico Mexinol Project

KUALA LUMPUR, Oct 30 (Bernama) -- SIAD Americas LLC announced that SIAD has been selected to provide an air separation unit (ASU) for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico.

Forest Conservation Certificate To Be Expanded For Wider Private Involvement - Fadillah

SHAH ALAM, Oct 30 (Bernama) -- The government will expand the Forest Conservation Certificate (FCC) instrument to encourage broader participation and contributions toward forest conservation and protection efforts.