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Approved investments up 3.1 pct to RM53.9 bln in Q1

KUALA LUMPUR, June 10 (Bernama) – Malaysia has successfully attracted RM53.9 billion in approved investments in the manufacturing, services and primary sectors in the first quarter of 2019 (Q1 2019), an increase of 3.1 per cent from RM52.3 billion recorded in the same period last year.

Chinese companies, Sarawak ink MoU to develop integrated O&G complex

KUCHING, June 10 (Bernama) – Two Chinese companies, Beijing BECA Sci-tech Co Ltd and Sinopec Engineering Inc have inked a memorandum of understanding (MOU) with the Sarawak state government to invest US$5 billion (US$1=RM4.16) for the development of an integrated oil and gas (O&G) complex in Lawas.

TNB partners with MPSP to reduce carbon footprint

KUALA LUMPUR, June 9 (Bernama) -- Tenaga Nasional Bhd (TNB), through its subsidiary TNB Renewables Sdn Bhd, has signed an agreement of intent for supply agreement for renewable energy (SARE) with Seberang Prai Municipal Council (MPSP) to instal solar panels on the rooftops of public markets and some designated state government offices in Penang.

More goodies in store for sustainable palm oil

KUALA LUMPUR, June 9 (Bernama) -- The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting the crop’s profile in the global market.

Malaysia to have international institute for talents in renewable energy

KUALA LUMPUR, June 9 (Bernama) -- Edra Power Holdings Sdn Bhd plans to set up an international institute in Malaysia to cultivate local talent in renewable energy under the aegis of its parent company, China General Nuclear Power Corporation (CGN).

South Korea increasingly 'going clean' in energy policy

SEOUL, June 7 (Bernama) –– To fuel its fast economic development and energy demand, South Korea relied heavily on conventional resources, such as fossil fuels, but the country is now embarking on a mission to go easier on such carbon-intensive resources and strive to use more sustainable, environmentally-friendly means to meet its energy needs, the country's leading energy official says.

Solar power illuminates power-hungry Malawi countryside 

LILONGWE, MALAWI, June 1 (Bernama) -- In the power-starved Malawi – a landlocked country in southeastern Africa – solar energy is transforming lives of people. 

Petronas' Q1 net profit up 9 per cent to RM14.2 bln

KUALA LUMPUR, May 31 (Bernama) -- Petroliam Nasional Bhd’s (Petronas)  profit after tax (PAT) for the  first quarter ended March 31, 2019 (Q1 2019) increased by nine per cent to RM14.2 billion from RM13 billion in Q1 2018, on the back of  higher revenue.

Too early to tell financial impact from overcharging issue, says TNB CEO

KUALA LUMPUR, May 31 (Bernama) -- It is too early to tell if the issue of overcharged bills would have any financial impact on Tenaga Nasional Bhd (TNB), said chief executive officer Amir Hamzah Azizan.

Green Technology Financing Scheme 2.0 receives encouraging response

BANGI, May 31 (Bernama) -- The Green Technology Financing Scheme 2.0 (GTFS 2.0) by the Energy, Science, Technology, Environment and Climate Change Ministry (MESTECC) has received an overwhelming response.