With oil prices depressed and global economic activity slowing, these are undoubtedly challenging times for oil and gas companies, producers and countries worldwide, and Malaysia is no exception. Yet despite the downsides, these are also key times for the development of new resources and strategies in the sector, with Malaysia at the forefront of many renewable energy trends. Even as it makes...
Malaysia Energy
Malaysia is enjoying uninterrupted momentum in attracting investment and trade flows destined for South-east Asia. As a leading trading nation it has the necessary infrastructure and determination to compete and partner with its ASEAN neighbors to create a more sustainable growth model.
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Economic update | Foreign investment in Malaysia’s petrochemicals industry gains momentum
12 Apr 2018
Projects to expand refining capacity coupled with rising demand for downstream hydrocarbons products are attracting increased investment in Malaysia’s petrochemicals industry, while recovering oil prices are driving increased upstream expenditure.
Despite lower hydrocarbons earnings last year, Malaysia is moving forward with targeted energy investment and improved operational practices.
Articles & Analysis | Malaysia government policy and market forces driving demand for renewables from The Report: Malaysia 2016
Malaysia’s development strategy for 2015-20, the 11th Malaysia Plan (11MP), continues to stress previous commitments to “pursuing green growth for sustainability and resilience”, a concept that in power terms involves full support for the development of renewable energy (RE) projects nationwide.
Articles & Analysis | Malaysia's energy sector sees investment amid challenges from The Report: Malaysia 2016
With oil and gas prices at a relative low and global economic activity slowing, these are undoubtedly challenging times for oil and gas companies, producers and countries worldwide, and Malaysia is no exception. Yet despite the downsides, these are also key times for the development of new resources and strategies in the sector, with Malaysia...
Articles & Analysis | As Malaysia rolls back fuel subsidies, energy costs are reflecting market prices from The Report: Malaysia 2016
In November 2014, Prime Minister Najib Razak announced that the country’s long-running system of fuel subsidies would be coming to an end in the following month. Over a year later, the expected pain that this move augured has been less than many had first feared. Former Central Bank governor Zeti Akhtar Aziz remarked as much in March 2016,...
Articles & Analysis | Growth and consumer demand driving electricity production in Malaysia from The Report: Malaysia 2016
Rapid economic growth over the last few decades has propelled Malaysia into the ranks of the major Asian manufacturing and industrial centres. Demand for power has been increasing sharply with this, particularly in urban clusters on the peninsula and, increasingly, in Sabah and Sarawak. Meanwhile, as per capita incomes rise, household demand...