News List

No electricity tariff surcharge for domestic consumers, January-June 2020

KUALA LUMPUR, Dec 3  -- The electricity tariff in Peninsular Malaysia for domestic consumers will be maintained while the surcharge for commercial and industrial users will be reduced effective Jan 1 until June 30, next year.

If there is demand, game on for a third FLNG - Petronas

Exclusive report from M.Saraswathi

GEOJE (South Korea), Dec 2  -- Petroliam Nasional Bhd (Petronas), which is the only company to own and operate two floating liquefied natural gas (LNG) vessels is all set for a third one if there is a demand.

POIC Lahad Datu attracts RM300 mln investment from Japan

KOTA KINABALU, Dec 1 -- Sabah’s trade mission to Japan led by Chief Minister Datuk Seri Mohd Shafie Apdal has been successful, with two energy firms already expressing their interest to invest in the state’s renewable energy sector, particularly biomass.

No change in RON97, RON95 diesel retail prices - MOF

KUALA LUMPUR, Nov 29 -- The Finance Ministry (MOF) today announced the retail price of RON97 petrol stayed at RM2.66 per litre while RON95 petrol and diesel will remain at RM2.08 and RM2.18 per litre respectively for the period Nov 30 to Dec 6.

MARii attracting potential US$2 bln livestock farming, RE generation project

From Mohd Khairi Idham Amran

SEOUL, Nov 28 -- The Malaysia Automotive, Robotics and IoT Institute (MARii) is collaborating with a consortium consisting of Malaysian and South Korean companies to bring an integrated large scale livestock farming and renewable energy (RE) generation project to Sabah that could generate an investment of up to US$2 billion (US$1=RM4.17) over the next five years.

PM invites Korean auto players to take part in NAP 2019

SEOUL, Nov 27  -- Malaysia wants to explore further cooperation in the automotive sector with South Korea, especially with the upcoming launch of the National Automotive Policy 2019 (NAP 2019), said Prime Minister Tun Dr Mahathir Mohamad.

Petronas leads global LNG business arena with PFLNG Dua

Exclusive report from M. Saraswathi

GEOJE (SOUTH KOREA), Nov 27  -- National oil and gas company, Petroliam Nasional Bhd (Petronas), leads the global liquefied natural gas (LNG) business arena with its FLNG Dua coming on board, making it the only player in the sector to own and operate two floating LNG facilities.

Local industry makes big strides in sustainable green energy

KUALA LUMPUR, Nov 27  -- The commercial and industrial sectors are set towards sustainable green energy for power consumption due to greater awareness of the incentives offered for embracing green energy such as solar, recording growth in uptake by over 100 per cent since 2018.

Tun M visits Petronas' second floating LNG vessel

GEOJE (South Korea), Nov 27 (Bernama) -- Tun Dr Mahathir Mohamad today arrived at Samsung Heavy Industries Geoje Shipyard for a tour of Petronas' Floating Liquefied Natural Gas (PFLNG) 2 vessel here.

Petronas Q3 net profit falls to RM7.42 bln

KUALA LUMPUR, Nov 26 -- Petroliam Nasional Bhd's (Petronas) net profit nearly halved to RM7.42 billion in the third quarter ended Sept 30, 2019 (Q3 2019) from RM14.34 billion in the same period last year.

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