News List

KeTSA to submit proposal on implementation of targeted electricity bill subsidy

KUALA LUMPUR, July 20 (Bernama) -- The Ministry of Energy and Natural Resources (KeTSA)  will submit a proposal to the cabinet on the implementation of a targeted electricity bill subsidy for the next Imbalance Cost Pass-Through (ICPT) cycle period.

Malaysia retains position as world's 5th largest LNG exporter in 2021 -- MGA

KUALA LUMPUR, July 7 (Bernama) -- Malaysia exported 24.9 million tonnes per annum (MTPA) of liquefied natural gas (LNG) in 2021, retaining its previous year’s position as the fifth largest LNG exporter after Australia, Qatar, the United States and Russia, the Malaysian Gas Association (MGA) said.

Malaysia needs to expedite transition towards renewable energy -- Analysts

KUALA LUMPUR, July 7 (Bernama) -- Malaysia needs to reduce its dependence on fossil fuel in generating electricity, and should expedite efforts to increase its reneweable energy (RE) capacity.

EIG launches new renewable energy platform in Chile

KUALA LUMPUR, June 30 (Bernama) -- EIG, an institutional investor to the global energy sector and one of the world’s leading infrastructure investors, has launched Grupo Cerro, a new renewable energy platform in Chile.

Hitachi Energy, Petrofac collaborate in growing offshore wind market

KUALA LUMPUR, June 29 (Bernama) -- Hitachi Energy, a market and technology leader in transmission, distribution and grid automation solutions, and Petrofac, a leading international service provider to the energy industry, have entered into a collaboration to provide grid integration and associated infrastructure to support the rapidly growing offshore wind market.

UNIDO MAEESTA Programme helps save energy of RM26.2 million a year

PUTRAJAYA, June 28  (Bernama) -- A total of 16 companies and facilities, as well as six factories participating in the Malaysian Energy Efficiency and Solar Thermal Application Project (MAEESTA) programme managed to save energy of 351,055 megawatts per hour (MWh) a year, which is worth RM26. 2 million, since 2018.

TNB should diversify gas, coal sources and focus on demand using smart metering - Analysts

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 28 (Bernama) – Tenaga Nasional Bhd (TNB) should continue to diversify its gas and coal sources in order to sustain its cash flow amid the sharp rise in fuel and other electricity generation costs, said analysts.

Electricity tariff maintained for Peninsula customers

PUTRAJAYA, June 27 (Bernama) – Domestic and non-domestic electricity consumers in Peninsular Malaysia won't be hit by higher bills as there will be no change to the imbalance cost pass-through (ICPT) from July 1, 2022 - Dec 31, 2022.

Domestic users heave sigh of relief following no increase in electricity, water tariffs

KUALA LUMPUR, June 25 (Bernama) -- The government’s announcement not to increase electricity and water tariff rates in the Peninsula has provided much-needed relief to domestic consumers, as the move indirectly helps ease their cost of living.

Petronas retains position as world's strongest oil and gas brand

KUALA LUMPUR, June 24 (Bernama) -- Petroliam Nasional Bhd (Petronas) has maintained its position as the world’s strongest oil and gas (O&G) brand for the third consecutive year, according to the Brand Finance 2022 annual report on the most valuable and strongest O&G brands.

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