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KUALA LUMPUR, May 22 (Bernama) -- Southeast Asia’s green economy has scaled to US$290 billion (US$1 = RM3.96) this year, but a realisation gap exceeding 35 per cent has opened between announced and deployed green capital expenditure (Capex) across the region’s power and electric vehicles (EV) value chains, according to a recent report by Bain & Company and Standard Chartered.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd turned to a net loss of RM35.04 million in the first quarter ended March 31, 2026 (1Q 2026), compared with a net profit of RM81.03 million in the same quarter last year.
KUALA LUMPUR, May 21 (Bernama) -- Petron Malaysia Refining and Marketing Bhd has started limited and intermittent refinery operations at its refinery in Port Dickson, Negeri Sembilan, to process existing in-tank crude inventories in a move aimed at supporting product availability amid the ongoing West Asia crisis.
KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.
KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.
KUALA LUMPUR, May 18 (Bernama) -- Shell Malaysia Trading Sdn Bhd (SMT) has announced the expansion of the Shell Westport Fuels Terminal, which will introduce new import infrastructure, comprising three additional gasoline and diesel tanks, enabling the terminal to accommodate full medium-range vessel parcels, thereby improving supply efficiency and operational capability.
KUALA LUMPUR, May 18 (Bernama) -- Malaysia is well-positioned to benefit from the ongoing global supply chain restructuring as multinational corporations continue diversifying operations beyond China and Taiwan amid persistent geopolitical tensions, according to Apex Securities Bhd.
KUALA LUMPUR, May 15 (Bernama) -- Gas Malaysia Bhd has entered into a joint development agreement (JDA) with Japan’s Tokyo Gas Co Ltd and Netherlands-based VTTI B.V. to develop the liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.
KUALA LUMPUR, May 15 (Bernama) -- Malaysia's near-term policy priorities should focus on preserving macroeconomic stability while safeguarding critical buffers amidst the global supply shock due to the West Asia conflict.
LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.
BANGI, May 13 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is positioning the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) and Kuala Lumpur Sustainability Summit (KLSS) 2026 as strategic platforms to accelerate Malaysia’s green investment agenda and strengthen the country’s standing as a regional hub for sustainable growth.
