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PRG's unit to acquire 37.25 pct of Singaporean energy services company

KUALA LUMPUR, Nov 2 -- PRG Holdings Bhd’s 54.19 per cent-owned subsidiary, Furniweb Holdings Ltd, has entered into a Sale and Purchase Agreement with Energy Solution Global Ltd (ESGL)  to acquire 37.25 per cent of the latter’s issued and paid-up capital for approximately RM5.11 million.



Full exemption of import, excise duties, sales tax for electric vehicle

KUALA LUMPUR, Oct 29  -- The government intends to provide full exemption on import and excise duties, as well as sales tax, for electric vehicles (EV) to support development of the local EV industry.



INNIO joins Science Based Targets initiative, 'Race to Zero' campaign

KUALA LUMPUR, Oct 29 -- INNIO has announced signing on to the Science Based Targets initiative (SBTi) to set science-based emissions reduction targets in line with 1.5°C emissions scenarios, criteria and recommendations.



Electric bus pilot project in Wangsa Maju starting Nov 1 - Shahidan

KUALA LUMPUR, Oct 28  -- The GoKL free bus service will run the battery electric vehicles (BEVs) towards carbon reduction in the capital city by 2030.



PGB invites participation in EOI for new LNG storage tank in Pengerang

KUALA LUMPUR, Oct 28  -- Petronas Gas Bhd’s (PGB) 65 per cent owned-subsidiary, Pengerang LNG (Two) Sdn Bhd (PLNG2), is inviting participation in a non-binding expression of interest (EOI) for a proposed new liquefied natural gas (LNG) storage tank in Pengerang.



Petronas to build Sabah's first nearshore LNG facility at SOGIP -- Chief Minister

KOTA KINABALU, Oct 26  -- The Sabah state cabinet has endorsed the building of Sabah’s first nearshore liquefied natural gas (LNG) facility by national oil company Petronas at the Sipitang Oil and Gas Industrial Park (SOGIP), said Chief Minister Datuk Hajiji Noor. 



SAIC Motor selects HERE Technologies to fuel connected vehicle services globally

KUALA LUMPUR, Oct 26 -- SAIC Motor, China’s largest automaker, has announced HERE Technologies, the leading location data and technology platform, will power the connected In-Vehicle Infotainment (IVI) systems of MG cars in South-East Asia, Oceania, Western Europe, Latin America, Middle East and India.



Joint venture company, SOL Energy starts Vietnam rooftop solar generation business

KUALA LUMPUR, Oct 22 -- Sojitz Osaka Gas Energy Company Ltd (SOGEC), a joint venture company between Sojitz Corporation (Sojitz) and Osaka Gas Co Ltd (Osaka Gas), has partnered with Looop Inc (Looop) to establish a new joint venture company SOL Energy Company Limited (SOL Energy) as of Oct 21.



Gov't to enhance EV technology through NESTI - Adham

KUALA LUMPUR, Oct 20  -- The Government has taken early steps towards strengthening the development, validation and commercialisation of local electric vehicle (EV) technology development through the NanoMalaysia Energy Storage Technology Initiative (NESTI) Programme.



ADB's new energy policy to support regional low-carbon transition

KUALA LUMPUR, Oct 20 -- The Asian Development Bank (ADB) has approved a new energy policy to support universal access to reliable and affordable energy services, while promoting low-carbon transition in Asia and the Pacific.





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