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KUALA LUMPUR (June 26): A framework is under way to harness the commercial potential of carbon capture and storage in Sarawak and Sabah, said Prime Minister Datuk Seri Anwar Ibrahim. This, he asserted, will involve the depleted petroleum reservoirs located offshore of both the Borneo States. H
KUALA LUMPUR -- Despite optimism over the increasing use of renewable energy and global moves to cut carbon emissions to stave off a calamitous increa
OPEC secretary general urges realism in energy transition-
Saudi Aramco believes market fundamentals remain "sound" for the second half as demand from emerging markets led by China and India will offset recession risk in developed markets, CEO Amin Nasser told an industry gathering on Monday. But other executives at the Energy Asia conference in Kuala Lumpur were divided, with Malaysia state oil firm Petronas reporting a slowdown in demand for petroleum and petrochemicals in the second quarter and growing refinery capacity putting pressure on the market. "Overall, we believe that oil market fundamentals remain generally sound for the ...