News List

PETRONAS and CNOOC to Pursue Energy Security, Cleaner Energy Solutions

KUALA LUMPUR, March 15 (Bernama) -- Petroliam Nasional Berhad (PETRONAS) has signed a Memorandum of Understanding (MoU) with China National Offshore Oil Corporation (CNOOC) to pursue mutual growth through closer collaboration. The MoU elevates the long-standing relationship between the two parties from primarily liquefied natural gas (LNG) and upstream projects towards a shared ambition in energy security and cleaner energy solutions.

The scope of collaboration opens up opportunities across PETRONAS’ integrated value chain and across the globe whereby both parties will intensify collaboration in LNG, upstream exploration & development projects, refining, oilfield & engineering services, specialty chemicals, lubricants as well as renewable energy.

Gopeng Bhd shortlisted for bid to develop 50MW solar plant in Gopeng

KUALA LUMPUR, March 15 -- Gopeng Bhd has received a Letter of Notification as a shortlisted bidder from the Energy Commission (EC).

SCIB secures EPCC contract worth RM135 mln

KUALA LUMPUR, March 15  -- SCIB Properties Sdn Bhd, a wholly-owned subsidiary of Sarawak Consolidated Industries Bhd (SCIB), has clinched a RM135 million engineering, procurement, construction and commissioning (EPCC) contract. 

Tenaga shortlisted for bid to develop solar plant in Bukit Selambau

KUALA LUMPUR, March 15  -- Tenaga Nasional Bhd’s wholly owned subsidiary, TNB Renewables Sdn Bhd (TRe) has received a Letter of Notification (LoN) as a shortlisted bidder from the Energy Commission (EC).

Solarvest eyes EPCC projects worth up to RM700 mln

KUALA LUMPUR, March 15  -- Solarvest Holdings Bhd aims to clinch 300 megawatts (MW) of engineering, procurement, construction and commissioning (EPCC) projects worth between RM600 million and RM700 million from the successful bidders of the LSS@MEnTARI programme.

UOB's U-Solar Programme Contributes To Greenhouse Gas Savings Across ASEAN Equivalent To Planting 1.3 Million Tree Seedlings

KUALA LUMPUR, Malaysia, March 15 (Bernama) -- In just slightly more than a year since its launch in October 2019, UOB’s U-Solar¹ programme has facilitated the generation of close to 160 gigawatt hours of solar power² across ASEAN, reducing more than 77,200 tonnes CO₂-equivalent (tCO₂e)³ in greenhouse gas (GHG) emissions. This GHG emission reduction is equivalent to having close to 1.3 million new tree seedlings grow over 10 years or taking close to 17,000 cars off the road for one year⁴.

U-Solar is Asia’s first solar industry ecosystem to power the development and adoption of renewable energy across Southeast Asia. Through U-Solar, available in Malaysia, Indonesia, Singapore and Thailand, the Bank offers businesses and consumers across Southeast Asia a suite of financial solutions to encourage the development and adoption of solar power. These solutions include providing cash management and green financing to solar project developers, as well as end-to-end contract-based financing solutions to engineering, procurement, construction and commissioning (EPCC) contractors.

UOB Malaysia positive on demand for solar power solutions post-COVID-19

KUALA LUMPUR, March 15 -- United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is positive about the market demand for solar power solutions post-COVID-19 due to the affordable, accessible and reliable source of renewable energy.

Techfast wins RM2.2 bln contract to supply marine fuel oils

KUALA LUMPUR, March 15 -- ACE Market-listed Techfast Holdings Bhd’s wholly-owned subsidiary, Fast Energy Sdn Bhd (FESB) has entered into a supply agreement with Singapore-based Wise Marine Pte Ltd to supply a range of marine fuel oils such as low sulphur fuel oil.

MESI 2.0 Programme to be reviewed to focus on human aspects - KeTSA

KUALA LUMPUR, March 14  --The Ministry of Energy and Natural Resources (KeTSA) will review the Malaysian Electricity Supply Industry (MESI) 2.0 Programme to focus on human aspects.

Malaysian gas market expected to be fully liberalised in 2022 -- MGA

KUALA LUMPUR, March 12 -- The Malaysian gas market is expected to be fully liberalised in 2022, when the remaining regulated gas tariff ends on Dec 31, 2021, said Malaysian Gas Association (MGA) president Hazli Sham Kassim.