Putra Heights Fire Sparks Production Disruptions, Financial Losses For 200 Factories

By Zufazlin Baharuddin

KUALA LUMPUR, April 5 (Bernama) -- The gas pipeline fire incident at Putra Heights has significantly impacted the operations of approximately 200 industrial facilities in the Klang Valley, spanning various manufacturing sub-sectors and company sizes.

Malaysia's Ogse Players Must Tap Energy Transition Expertise To Reach Consumer Markets -- Rafizi

KUALA LUMPUR, March 20 (Bernama) -- Local oil and gas services and equipment (OGSE) players must leverage energy transition expertise to reach downstream consumer markets, said Economy Minister Datuk Seri Rafizi Ramli.

EVE Energy’s Phase 2 Expansion To Create Over 1,000 Jobs – MIDA

KUALA LUMPUR, March 17 (Bernama) -- EVE Energy Co Ltd’s (EVE Energy) Phase 2 expansion will create over 1,000 jobs, underscoring its commitment to Malaysia’s economic growth, the Malaysian Investment Development Authority (MIDA) said.  

CIP’s Fifth Flagship Fund Exceeds 12 Bln Euros Target 

KUALA LUMPUR, March 14 (Bernama) -- Copenhagen Infrastructure Partners (CIP) announced that its fifth flagship fund, CI V, has surpassed its target size of 12 billion euros at final close, reflecting strong investor interest in large-scale greenfield energy infrastructure investments. (1 Euro = RM4.80)

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

Sapura Energy Secures RM1.1 Bln Funding Through MDH's Subscription Of RCLS

KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).

TNB: Powering Malaysia’s Future, Channelling 60 Pct Of Profits To The Rakyat

KUALA LUMPUR, Feb 28 (Bernama) -- Tenaga Nasional Bhd (TNB) continues to drive Malaysia’s economic resilience and energy security, announcing a strong and sustainable financial performance for 2024.

Petronas, Petrovietnam To Boost Energy, RE Cooperation In Vietnam - PM Anwar

KUALA LUMPUR, Feb 26 (Bernama) – Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (Petrovietnam) will expedite cooperation in Vietnam’s energy sector, encompassing upstream and downstream activities, gas, and renewable energy (RE), said Prime Minister Datuk Seri Anwar Ibrahim.

Petronas' Profit Slips 32 Pct To RM55.1 Bln In FY2024 Due To Unfavourable Prices

KUALA LUMPUR, Feb 25 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) net profit fell by 32 per cent to RM55.1 billion in financial year 2024 ended Dec 31, 2024 (FY2024) from RM80.7 billion in FY2023, in line with the lower average realised prices and favourable tax adjustments in 2023. 

Brunei Seeks Partnership With Sarawak To Boost Clean Energy Initiatives

KUCHING, Feb 25 (Bernama) -- Brunei is eager to explore new partnership opportunities with Sarawak to advance clean energy initiatives.

Unlocking Intra-ASEAN Investment Opportunities Key To Regional Integration -- BNM Governor

KUALA LUMPUR, Feb 25 (Bernama) -- Intra-ASEAN investment opportunities remain largely untapped and significant efforts are still needed to achieve regional regulatory alignment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Abdul Ghaffour.

Malaysia Through ASEAN Chairmanship Will Advocate For Deeper Collaboration In Green, Sustainable Investment Frameworks - DPM Fadillah

KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia is committed to positioning ASEAN as a global leader in sustainable finance and will advocate for deeper collaboration in green financing, regional energy connectivity, and the expansion of sustainable investment frameworks.