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Major recovery in O&G sector expected in H2 2021 - research firm

KUALA LUMPUR, Dec 3  -- The oil and gas (O&G) industry demand recovery has remained fragile as COVID-19 new cases surge while oil supply will remain in excess going into the first half (H1) 2021 with Brent crude expected to average at US$51 per barrel next year, said MIDF Research.



MPIC committed to stabilise palm oil, rubber prices

KUALA LUMPUR, Dec 2 -- The Ministry of Plantation Industries and Commodities (MPIC) will continue to work on stabilising oil palm and rubber prices, while helping to ease the financial burden of agri-commodities smallholders.



Sarawak plans to sell LPG, essential items to Kalimantan

KUCHING, Dec 2  -- Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg said the state intends to supply liquefied petroleum gas (LPG) to Kalimantan, Indonesia after having successfully supplied its energy there.



Energy and Natural Resources Ministry to announce on NEM scheme soon

KUALA LUMPUR, Dec 2 -- The Ministry of Energy and Natural Resources (KETSA) will make an official announcement on the Net Energy Metering (NEM) scheme soon, its minister Datuk Dr Shamsul Anuar Nasarah said.



Malaysia to host 7th IEF-IGU Ministerial Gas Forum on Thursday

KUALA LUMPUR, Dec 1 -- Malaysia is hosting the 7th International Energy Forum (IEF)-International Gas Union (IGU) Ministerial Gas Forum on Dec 3 with the theme “Towards Recovery and Shared Prosperity: Natural Gas Opportunities for a Sustainable World”.



KPower to further strengthen regional presence after impressive Q1 results

KUALA LUMPUR, Dec 1 -- Kumpulan Powernet Bhd (KPower) plans to further expand its geographical presence in the energy sector within ASEAN and South Asia, amid the resilient outlook for the sector.



Promoting environmental sustainability through Green Houses of worship programme

PUTRAJAYA, Nov 30 -- The Environment and Water Ministry (KASA) through the Malaysian Green Technology and Climate Change Centre (MGTC) is implementing the Green Houses of Worship Programme as an initiative to preserve the environment at the community level.



Taliworks Ventures into renewable energy market

KUALA LUMPUR, Nov 30 -- Taliworks Corporation Bhd is venturing into the renewable energy (RE) market with the proposed acquisition of four solar projects, with an aggregate capacity of 19.0 megawatt peak, within the vicinity of the Kuala Lumpur International Airport.



Hess Malaysia earns AMCHAM's recognition for CSR projects

KOTA BHARU, Nov 26 -- Hess Corporation subsidiary Hess Malaysia is recognised as a company that adopts best practices in the implementation of corporate social responsibility (CSR) projects in the country.



YTL Power records higher Q1 net profit of RM76.88 mln

KUALA LUMPUR, Nov 26  -- YTL Power International Bhd recorded an improved net profit of RM76.88 million for the first quarter (Q1) ended Sept 30, 2020 from RM67.35 million in the same period a year ago.





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