KUALA LUMPUR, June 3 (Bernama) — The government has identified solar energy as one of the growth areas to promote, said Malaysian Industrial Development Authority (MIDA) senior director, investment, Phang Ah Tong.
He said the country has attracted three solar energy projects involving a substantial investment.
“The investment for one solar project is above US$1 billion (US$1=RM3.44),” [...]
TERENGGANU: Tenaga Nasional Bhd (TNB) targets to commission the first nuclear power plant in Malaysia by 2025 if the government decides to include nuclear as an acceptable energy option.
Head of nuclear energy unit TNB, Dr Mohd Zamzam Jaafar said TNB cannot ignore nuclear energy amid the uncertain future supply and volatile fossil fuel prices as [...]
Jindal group today announced setting up of 2,000 Mw power plant near Simar port, along the coastline of Gujarat with an proposed investment of Rs 10,000 crore.
“We are going to set up an 2,000 Mw power plant along the coastline of Gujarat, probably at Simar with an investment of Rs 10,000 crore,” Assocham President Sajjan [...]
By Jeff St. John
General Electric Co. (GE) and a subsidiary of German renewable energy company Conergy (CEYHF.PK) want to build 200 megawatts of renewable power project in Asia in the next five years, and they’re looking for $250 million to do it.
GE Energy Financial Services and the Singapore-based unit of Conergy subsidiary Epuron said Monday [...]
Xinhua News Agency
Malaysia will invest US $5 to $6 billion in Iran’s gas fields, according to the cooperation memoranda of understanding (MOU)s that the two sides signed on Monday, Iran’s satellite press TV reported Tuesday.
“Malaysia will invest $5 to $6 billion via buy-back contracts in two Iranian gas fields (Ferdous and [...]
By Jesse Riseborough
Dec. 2 (Bloomberg) — Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, rose 59 percent last week while the number of ships waiting outside the port jumped to the highest in almost five months.
The volume shipped in the week ended 7 a.m. local time yesterday rose to [...]
By Alaric Nightingale and John Martens
Nov. 19 (Bloomberg) — BW Gas Ltd., the world’s biggest operator of liquefied-gas tankers, Euronav NV and TMT Co. Ltd. said they may divert ships away from Somalia after an escalation in piracy led to the capture of a Saudi Arabian supertanker.
BW Gas is urging its customers to avoid the [...]
By MOHAMED SHEIKH NOR and BARBARA SURK, Associated Press
MOGADISHU, Somalia – Pirates who seized a Saudi supertanker loaded with $100 million in crude oil anchored the ship within sight of impoverished Somali fishing villages Tuesday, while the U.S. and other naval forces decided — for now — against intervention.
Saudi Arabia said Tuesday that it [...]
JAKARTA, Nov 17 - Indonesian state oil firm Pertamina has named eight international oil and gas companies, including Exxon Mobil , Chevron and France’s Total , as its potential partners to develop the giant Natuna D-Alpha gas field, a senior company official said on Monday.
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Karen Agustiawan, Pertamina upstream director, told Reuters by short text [...]
KUALA LUMPUR, Nov 13 (Bernama) — Carotech Bhd will supply over 50 percent of its palm biodiesel capacity to Europe and US starting January 2009 through its partnership with Trafigura Beheer BV Amsterdam.
Managing director, David Ho, said under the agreement, the palm methyl-ester producer will supply Trafigura 60,000 to 84,000 metric tonnes of its biodiesel [...]
