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Petronas anticipates challenging oil & gas industry in 2021

KUALA LUMPUR, Dec 31 -- The oil and gas industry outlook in 2021 is expected to remain challenging due to the unprecedented demand destruction from the COVID-19 pandemic which has made a profound impact on both the domestic and global markets, said Petroliam Nasional Bhd (Petronas).

KeTSA introduces three initiatives to encourage use of solar PV

PUTRAJAYA, Dec 29 -- The Energy and Natural Resources Ministry (KeTSA) is introducing the Net Energy Metering (NEM) 3.0 programme to provide an opportunity for more users to install the solar photovoltaic (PV) systems on the roofs of their respective buildings for electricity bill reduction.

Malaysia Airports appoints CES as cooling energy concessionaire at KLIA

KUALA LUMPUR, Dec 23  -- Cooling Energy Supply Sdn Bhd (CES) has entered into a concession agreement with Malaysia Airports (Sepang) Sdn Bhd for the operation, maintenance and upgrade of a district cooling co-generation plant.

Lithium Werks sells Valenceā„¢ module, BMS assets to Lithion Power Group

KUALA LUMPUR, Dec 23 -- Lithium Werks, a global leader in Lithium Iron Phosphate cell manufacturing, technology, and intellectual property, has sold its Valence™ module and BMS assets to Lithion Power Group, a vertically integrated manufacturer of cells and rechargeable and non-rechargeable battery packs.

Bosch completes one of Malaysia's largest rooftop PV installation in Penang plant

GEORGE TOWN, Dec 22 -- German-based technology company Bosch has announced the completion of one of the largest rooftop photovoltaic (PV) system installation in Malaysia at its automotive electronics plant in Penang.

KAB nominated for contracts worth RM57.1 million

KUALA LUMPUR, Dec 21 -- Mechanical and electrical engineering company Kejuruteraan Asastera Bhd (KAB) has been nominated to succeed the project for Vienna Home Sdn Bhd, Cosmowealth Housing Development Sdn Bhd and Mah Sing Properties Sdn Bhd as the nominated sub-contractor. 

Oil prices reach 9-month high over US stocks drop

ANKARA, Dec 17  -- Crude oil prices hit nine-month highs on Thursday, fueled by a drop in US crude stocks and renewed hopes of a US coronavirus relief package, Anadolu Agency reported.

An important step ahead in the Italy-ASEAN cooperation

KUALA LUMPUR, Dec. 17  -- Last September, the 53rd ASEAN Foreign Ministers’ Meeting officially granted Italy the status of ASEAN development partner.

Petronas puts in place plans to rebound post-COVID-19

KUALA LUMPUR, Dec 16  -- Petroliam Nasional Bhd (Petronas) has put in place plans to rebound and recover post-COVID-19 as the company is reeling from the impact of the pandemic to the oil and gas industry. 

GCAP's unit secures FIT approval for 10MW hydropower project

KUALA LUMPUR, Dec 16 -- G Capital Bhd’s 90 per cent-owned subsidiary, Gunung Hydropower Sdn Bhd (GHSB), has successfully secured approval for a 10 megawatt (MW) small hydropower project in Sungai Perak, Perak.

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