LATEST NEWS   Decision on 40 per cent of Sabah's revenue is final, no appeal has been filed, MADANI government remains committed to paying claims under MA63 - PM Anwar | Iran's closure of the Strait of Hormuz does not affect the current level of availability and security of the country's electricity supply - DPM Fadillah | Domestic gas supply stable and sufficient to support power plant operations. - DPM Fadillah | 85 pct of domestic consumers will not be affected by international fuel price fluctuations - DPM Fadillah | PM Anwar announces RM1.5 million allocation for upgrading infrastructure at five pondok, tahfiz centres in Sabah | 

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Institutions Over Barrels: Why Petronas Matters to Malaysia’s Energy Security

By Samirul Ariff

Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.

Price Adjustments Curb Spikes, Ensure Supply Continuity - BHPetrol

By Siti Radziah Hamzah

KUALA LUMPUR, March 14 (Bernama) -- The adjustment of fuel prices under the Automatic Pricing Mechanism (APM) is a critical tool to manage volatility in global oil markets and ensure a stable, continuous fuel supply in Malaysia, BHPetrol said.

Daily Life In Hanoi Continues Unabated Despite Work From Home Call To Save On Fuel Costs

From Nur Athirah Mohd Shaharuddin

HANOI, March 14 (Bernama) – Despite the war in West Asia that has spiked oil prices, the people of Vietnam seem oblivious to the consequent inflationary pressures, especially for a nation that depends significantly on imported crude oil.

France Seeks To Expand Investments In Malaysia’s Aeronautics, Energy And Critical Minerals Sectors -- Envoy

By K. Naveen Prabu

KUALA LUMPUR, March 13 (Bernama) -- France is encouraging more of its companies to invest in Malaysia, particularly in sectors such as aeronautics, energy, and critical minerals, including rare earth elements (REE), according to French Ambassador to Malaysia, Marc Abensour.

Strait of Hormuz: How The Strategic Flashpoint In The West Asia Conflict Is Roiling Global Oil Markets

By Voon Miaw Ping

KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.

Malaysia In Stronger Position Thanks To Net Energy Exporter Status, Subsidy Reforms

KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s position as a net energy exporter, with petroleum reserves confirmed sufficient until at least May 2026, and the fiscal headroom created by two years of subsidy rationalisation, has placed the country in a meaningfully stronger position than its neighbours to navigate the current global energy crisis.

H2O.ai, xAmplify Partner To Drive Sovereign AI In ANZ

KUALA LUMPUR, March 13 (Bernama) -- H2O.ai, an open-source artificial intelligence (AI) platform company, has partnered with xAmplify, Australia’s premier sovereign AI integrator, to accelerate expansion across Australia and New Zealand (ANZ).

Airlines Feel 'Powerless' Amid West Asia Conflict, But AirAsia Remains Resilient - Tony Fernandes

KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.

Johor Economic Transformation Plan Channels Each District’s Strength To Drive Economic Growth

JOHOR BAHRU, March 12 (Bernama) -- Benefits from Johor’s economic development will be felt across all 10 of the state’s districts through the implementation of the Johor Economic Transformation Plan (JETP), said Menteri Besar Datuk Onn Hafiz Ghazi.

US-Iran Conflict And Energy Lockdowns: What's Next For Asia?

By Saraswathi Muniappan

KUALA LUMPUR, March 12 (Bernama) -- The latest disruption to global trade due to the United States-Iran conflict is hardly surprising.

Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.

Oil Price Shocks, Inflation and the Fragility of the Global Economy

By Dr Phar Kim Beng

Few economic indicators shape global stability as decisively as the price of oil.