Oil prices rise on concerns about US-Iran tensions
BEIJING: Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, and fears that any attacks on Tehran or shipping could lead to supply disruptions.
PETRONAS launches 2026 bid round for nine exploration blocks
KUALA LUMPUR: Malaysia's state energy firm Petroliam Nasional Bhd (PETRONAS) on Wednesday launched a new round of bids for nine oil and gas exploration blocks across the country.
Bestari LSS project commences construction
Malaysia's largest and one of South-East Asia's largest floating solar photovoltaic farms, the 300-megawatt (MWac) Bestari Large-Scale Solar Project in Bestari Jaya, Kuala Selangor, has commenced construction.
Oil eases as traders weigh supply risks amid US-Iran tensions
OIL prices edged down on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran.
Construction begins on Bestari 300MW floating solar project in Selangor
PETALING JAYA: Malaysia's largest and one of South-east Asia's largest floating solar photovoltaic farms, the 300-megawatt (MWac) Bestari Large-Scale Solar Project in Bestari Jaya, Kuala Selangor, has commenced construction.
Oil drops more than 1% as US-Iran talks ease supply worries
SINGAPORE: Oil prices fell more than 1% on Monday as fears of a Middle East conflict eased after the U.S. and Iran pledged to continue indirect talks about Tehran's nuclear programme, calming worries about potential supply disruptions.
Sabah strengthens oil and gas position with 20% stake in North Sabah EOR PSC
KOTA KINABALU: Sabah's role as a strategic player in the oil and gas industry is further solidified after it acquired 20% participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC), this year.
Policy gaps derail Indonesia’s renewable targets
Last year, Indonesia once again fell short of its renewable energy (RE) target, as coal and gas continued to anchor the country's electricity supply.
Oil prices fall nearly 5% on US-Iran de-escalation
Oil prices fell nearly 5% on Monday, heading for the steepest single-session decline in more than 6 months, after U.S. President Donald Trump said Iran was "seriously talking" with Washington, signalling de-escalation with an OPEC member.
Europe gas set for biggest monthly gain since 2023
AMSTERDAM: European natural gas posted its biggest monthly gain in three and a half years after cold spells and a rapid depletion of fuel inventories upended market sentiment.
