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I don’t know how to classify this article, a hybrid of RE and O&G?
Dateline 2020-10-08, NST:
Businesses in Malaysia, like elsewhere, spill much ink in extolling the virtues of going green. Many stop at that.
Just look at the voluminous annual corporate social responsibility reports produced by companies and you learn, very quickly, why environmental degradation happens.
There is something promising happening in Malaysia that may compel companies to put their money where their mouth is, as the saying goes. Called Climate Change and Principles-based Taxonomy (CCPT), it is essentially a means to make transparent climate-related financial disclosures by financial institutions.
A multi-party effort led by Bank Negara Malaysia (BNM), CCPT began to get public attention when BNM issued it as a discussion paper on Dec 27 last year. The idea is older, perhaps as old as the Paris Climate Accord of 2015. Or older.
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Dateline 2020-10-03, The Star:
EXXON Mobil has shortlisted three bidders for its oil-producing offshore assets in Malaysia that are worth billions of ringgit.
According to sources, Hibiscus Petroleum Bhd is among the shortlisted bidders along with United Kingdom-based EnQuest plc.
One source points out that Sapura Energy Bhd has also expressed interest in ExxonMobilâs assets. It is unknown if the oil and gas (O&G) company made it to the list.
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Dateline 2020-10-02, Malaysian Reserve:
THE Institute for Democracy and Economic Affairs (IDEAS) stated that Malaysiaâs energy policy should seek to replace coal-based power generation with gas and turbo-charged renewable in order to meet pledges to curb climate change.
IDEAS senior fellow Dr Renato Lima de Oliveira (picture) said replacing coal with gas is a low hanging fruit as Malaysia plans its next energy policy.
âBeyond that, Malaysia needs to pivot its strengths in oil and gas (O&G) into renewable and reform the energy framework to further promote the use of renewable,â he said in a statement yesterday on the think tankâs latest report titled âThe Future of Malaysiaâs Energy Mixâ. The paper is co-authored by Mathias Varming.
Lima de Oliveira said Malaysia has made good progress towards reducing emissions and increasing the share of renewable in the countryâs energy mix over the last few years. However, the country needs more ambitious policies to meet its reduced carbon commitment under the United Nations Framework Convention on Climate Change in Paris 2015.
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Yes, so begins Malaysia’s nuclear ambitions… maybe this was the cause of The Emerency?
Dateline 2020-09-27, The Star:
Malaysia has been elected to the Board of Governors of the International Atomic Energy Agency (IAEA) for the 2020-2022 term as a representative for Southeast Asia and the Pacific.
Wisma Putra said the decision was reached during the 64th regular session of the IAEA General Conference in Vienna, Austria on Thursday (Sept 24).
“Malaysia has served on the Board of Governors for nine terms since 1976.
“As a member of the Board, Malaysia is fully committed and will continue to support and work with the IAEA and Member States to ensure the potential of nuclear energy is used for peaceful purposes,” it said in a statement issued on Sunday (Sept 27).
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Just about fits into the ‘black oil’ category.
Dateline 2020-09-27, SCMP:
When Malaysia agreed last year to one-on-one talks with rival claimant China over the South China Sea, it caught observers by surprise.
While Kuala Lumpur was not the most vocal opponent of Beijingâs claims in the area, it had long been reluctant to engage in such negotiations.
Instead it has sought to chart a course between not antagonising China and quietly pursuing its own plan for oil and gas exploration in the contested waters.It has preferred to leave discussions about jurisdiction over the resource-rich area to regional groupings like the Association of Southeast Asian Nations (Asean), where various countries can work together to have a bigger say.
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Dateline 2020-09-25, Oil & Gas 360:
Exxon Mobil has narrowed the list of bidders for its oil-producing offshore assets in Malaysia that could potentially raise $2 billion to $3 billion in a sale, according to people with knowledge of the matter.
U.K.-listed EnQuest Plc and Kuala Lumpur-traded Hibiscus Petroleum Bhd. are among those that have been chosen to submit binding bids for the assets, the people said. Other companies have also expressed interest, said the people, who asked not to be identified as the discussions are private.
Exxon Mobil started the process to sell its Malaysian assets last year as part of its global divestiture program, Bloomberg News has reported. It produces oil and gas in the Southeast Asian nation under four production sharing contracts with the state-owned Petroliam Nasional Bhd., according to its website.
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Background
IGL Services Sdn Bhd is looking for intern(s) to start immediately for 2 months or more. The role will be to support the company in both technical and administrative roles.
Qualification
A background in chemical engineering. Current GPA 3+.
Self starter.
Available for 2 months or more.
University students accepted.
Good communication skills, either Bahasa or English. Good document writing skills are essential.
Location
Will be based in or around Puchong Prima, Selangor.
Functional Position
The candidate will be reporting to lead engineer
Renumration
Intern allowance, and any out of pocket expenses.
Notes
Internship does not automatically translate to permanent employment.
As small company, roles will be assigned per business requirements.
Applicant to state what they MUST do to fulfil intern requirements, so Company can plan as appropriate.
Contact enquiries@igl.com.my, subject “Intern 2020-10”
Closing date: 2020-11-30
Dateline 2020-09-25, FMT:
 A Sarawak minister said Sabah Umno chief Bung Moktar Radin has no say on whether Sabah and Sarawak can get 20% oil royalty from Putrajaya.
âItâs not for Bung to decide on whether Sabah or Sarawak can get the 20% oil royalty or not, âSarawakâs Tourism Minister Abdul Karim Rahman Hamzah told FMT.
âWhether Sabah or Sarawak get the 20% oil royalty wholly depends on the executiveâs decision. If the prime minister agrees, then it will happen. Therefore, Iâll take his statement as his personal opinion only,â he added.
He was commenting on Bungâs recent statement that there was no way for Sabah and Sarawak to get 20% oil royalty from Putrajaya.
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Dateline 2020-09-23, Malay Mail:
A taskforce will be set up with the objective of ensuring that all 624 abandoned oil wells throughout Miri would not pose any danger to the public and also to the environment.
Transport Minister Datuk Lee Kim Shin said this taskforce, comprising experts from oil and gas (O&G) industries, would be chaired by the Miri Resident.
âPetronas, Shell and Petroleum Sarawak Bhd (Petros) will form this taskforce.
âWe will also invite those from Curtin University Malaysia, who are experts in petroleum engineering and geophysics, to look into all the abandoned oil wells in Miri, particularly those up on Canada Hill that have been left abandoned for a long time,â he said when met by reporters after chairing a meeting on âAbandoned Oil Wells and Historical Places in Miriâ, which took place at the Residentâs Office here yesterday.
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