Malaysia will reduce diesel prices to 2.10 ringgit per litre from July to prevent smuggling, while Petronas secures new gas agreements in Turkmenistan and Russia to bolster energy supplies.
Malaysia surged gas-fired power generation by 50.5% in April to meet record demand from heatwaves and data centers, reducing coal reliance. Petronas plans significant LNG imports by the end of the dec
A Malaysian support vessel became the fourth linked ship to transit the Strait of Hormuz since the U.S.-Iran conflict disrupted global energy supplies. Major firms including Vantris, MISC, and Petrona
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