Clear, modern coverage of Malaysian news and analysis.
Sinopec chairman Hou Qijun is driving a sweeping transformation of the world's largest refiner, shifting away from fuel production toward chemicals and new energy amid collapsing transport fuel demand and market overcapacity challenges.
MIDA chairman Tengku Zafrul has called for stronger ASEAN cooperation to address a US$200 billion annual energy investment gap needed through 2030, proposing a regional power grid, joint investment facility, and emergency protocols.
Tenaga Nasional Bhd and Air Selangor have signed landmark agreements to integrate electricity and cooling services for the nation's largest water treatment plant, bolstering Malaysia's infrastructure resilience and sustainability goals.
Malaysia has reached nearly 32 per cent renewable energy installed capacity as of June, Deputy Prime Minister Fadillah Yusof announced, confirming the nation is on schedule to achieve its 35 per cent target by 2030 under the National Energy Transition Roadmap.
Prime Minister Anwar Ibrahim says the government will examine creating a national petroleum reserve stock to bolster energy security and protect Malaysia against geopolitical instability and global supply chain disruptions.