20h ago
JOHOR BAHRU, March 15 (Bernama) -- The National Economic Action Council (NEAC) will hold a meeting tomorrow to discuss the impact of the prolonged conflict in West Asia on the transportation sector, particularly aviation, and mitigation measures to safeguard oil and gas (O&G) supply.
1d ago
By Samirul Ariff
Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.
1d ago
ISKANDAR PUTERI, March 14 (Bernama) -- SJK (C) Cheah Fah has launched the second phase of its expansion, supported by RM23 million from Sunway Group, to accommodate rising student enrolment as Johor’s southern corridor develops.
1d ago
KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.
2d ago
KUALA LUMPUR, March 13 (Bernama) -- Malaysia will give an explanation to the United States (US) regarding allegations of structural excess capacity and production as well as the use of forced labour, which are among issues under probe under Section 301(b) of the US’ Trade Act of 1974.
2d ago
By Voon Miaw Ping
KUALA LUMPUR, March 13 (Bernama) -- Intensifying maritime security tensions in the Strait of Hormuz amid the ongoing military conflict between the United States (US), Israel and Iran are putting the strategic chokepoint under intense international scrutiny.
2d ago
KUALA LUMPUR, March 13 (Bernama) -- AM Best has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the long-term issuer credit rating to “a-” (Excellent) from “a” (Excellent) of Malaysia’s Energas Insurance (L) Limited (ENERGAS).
3d ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysia Airlines has further extended the temporary suspension of its Doha services until March 20, 2026, following continued developments in the region’s security environment.
3d ago
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
3d ago
KUALA LUMPUR, March 12 (Bernama) -- Malaysia should continue its diplomatic engagement while demonstrating transparency in its manufacturing and supply chains, and strengthening trade diversification, an economist said.
3d ago
KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.
3d ago
KUALA LUMPUR, March 12 (Bernama) -- VCI Global Limited (VCI Global) has launched an AI Compute Treasury strategy, a long-term initiative to accumulate and deploy high-performance graphics processing unit (GPU) infrastructure to support the growing demand for artificial intelligence inference workloads.