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TECO acquires Malaysia's NCL Energy to enter Southeast Asia's data center MEP engineering market
Market

TECO acquires Malaysia's NCL Energy to enter Southeast Asia's data center MEP engineering market

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).

March 19, 2025

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TECO acquires Malaysia's NCL Energy to enter Southeast Asia's data center MEP engineering market
Market

TECO acquires Malaysia's NCL Energy to enter Southeast Asia's data center MEP engineering market

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).

March 19, 2025
Malaysia introduces CCUS Bill amid regional disagreements
Regulation

Malaysia introduces CCUS Bill amid regional disagreements

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.

March 05, 2025
Petronas cuts jobs, bets on low-carbon transition as profits decline
Market

Petronas cuts jobs, bets on low-carbon transition as profits decline

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.

February 26, 2025
Malaysia's B20 biodiesel expansion stalled by infrastructure, investment gaps
Regulation

Malaysia's B20 biodiesel expansion stalled by infrastructure, investment gaps

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.

February 26, 2025
Sarawak targets green hydrogen hub with global partnerships
Market

Sarawak targets green hydrogen hub with global partnerships

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.

February 11, 2025
Joint Malaysia-Singapore biofuels hub to drive $337 million green investment
Market

Joint Malaysia-Singapore biofuels hub to drive $337 million green investment

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.

February 07, 2025
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