News

TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL).

Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.

Petronas released its latest financial report, showing a 34% drop in annual profit. The company attributed this decline to falling international oil prices again and committed to continued investments in renewable energy and low-carbon initiatives.

Malaysia's biodiesel development has encountered significant challenges, with officials pointing to the need for infrastructure upgrades to increase the palm oil blending ratio in biodiesel.

Sarawak, Malaysia, is determined to become ASEAN’s green hydrogen hub, leveraging its abundant hydropower resources and international collaborations to build a low-carbon hydrogen supply chain.

A new biofuels hub focused on Bio-Liquefied Natural Gas (Bio-LNG) will be established in the Johor-Singapore Special Economic Zone (JS-SEZ), with the capacity to process 350,000 tons of Bio-LNG annually.

To achieve its net-zero target, the Malaysian government is adopting various carbon reduction technologies, with carbon capture set to present a development draft in March to help hard-to-decarbonize industries transition.

To meet corporate carbon reduction goals, Malaysia's ship service company Keyfield International has completed the installation of a solar photovoltaic system on its largest work barge, setting a national record for the scale of the equipment.

In a move to accelerate its energy transition, Malaysia has continued to relax conditions and scale for solar energy installation. Following the announcement of an increase in the net metering (NEM) solar quota, the government on December 24 further revea

Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.