Energy safe-haven status grows amid Mideast war
The war in the Middle East is driving a shift in global energy investment, as capital increasingly flows toward more stable and diversified regions, with Malaysia regarded as a "safe haven" in South-East Asia.
Malaysia pushes electricity market reforms to accelerate renewable energy adoption
AS Malaysia moves forward with electricity market reforms, new mechanisms should also be implemented to provide market participants greater clarity, confidence and consistency, says the Malaysian Photovoltaic and Sustainable Energy Industry Association.
Oil prices dip after Trump announces ceasefire
LONDON: Oil prices eased on Wednesday as investors assessed the outlook for U.S.-Iran peace talks after the U.S. announced an extension of the ceasefire.
UK plans to move wind farms to fresh subsidies to cut costs
The United Kingdom will seek to speed up efforts to cut the costs of green electricity by reducing exposure to more expensive gas.
War in Iran is causing biggest energy crisis in history, IEA says
PARIS: The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency (IEA) said on Tuesday.
Oil falls on expectations US-Iran talks likely to proceed, opening supply
SINGAPORE: Oil prices fell over $1 on Tuesday, reversing gains in the previous session, on expectations peace talks between the U.S. and Iran will take place this week and lead to more supply to flow from the key Middle East producing region.
Oil falls by almost 10% after Iran FM declares Strait of Hormuz open
LONDON: Oil prices plunged by about 9% on Friday, extending previous losses, after Iran's foreign minister said that the passage for all commercial vessels through the Strait of Hormuz was open for the remaining ceasefire period, in line with that in Lebanon.
Low inflation helps Malaysia weather energy supply shock, says BNM governor
KUALA LUMPUR: Malaysia's relatively low inflation environment is expected to help the country weather the current energy supply shock, even as global oil prices are projected to remain higher for longer amid the ongoing war in West Asia, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
Oil falls on prospects for talks to end Iran war
PERTH: Oil prices fell in early trade on Friday on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and President Donald Trump said the U.S. and Iran may meet for talks on the weekend.
Iran war exposes cost of Asia's fossil fuel reliance
SINGAPORE: As the second energy shock in four years roils global markets, the contrasting experiences of Pakistan and Bangladesh underscore the costs to emerging market countries from relying on fuel imports and the case for cleaner power sources.
