Climate change experts reiterate concerns over increasing surface temperatures in Malaysia

September 28, 2021

Dateline 2021-09-09, The Sun Daily:

The mercury is rising but it is not fever. Over the past half a century, the surface temperature has risen by 0.13°C in Sarawak, 0.16°C in Sabah and 0.25°C in Peninsular Malaysia every decade.

While this may seem negligible to the layman, climate experts are already sounding the alarm.

Just a 1.5°C increase in temperature will destroy 70% to 80% of the world’s coral reefs, according to Ecotourism and Conservation Society Malaysia president and chief executive officer Andrew J. Sebastian.

Malaysia is already close to that.

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Malaysia’s Petronas hastens decarbonization push, but oil business still vital

September 27, 2021

Dateline 2021-09-07, S&P Global:

Malaysia’s Petronas is intensifying efforts to invest in cleaner energy solutions and deploy innovative technologies to trim its greenhouse gas emissions as it steps outside the realm of its traditional activities to meet its sustainability targets, the state-run energy company said in its latest activity outlook report for 2021-23.

However, the integrated oil and gas company with global operations would not neglect its refining and upstream businesses over the next decade as oil markets will likely offer a wide array of sales and export opportunities in the post-pandemic era, middle distillate marketers and trading strategists at the company told S&P Global Platts.

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Is Malaysia committed to addressing climate chance?

September 26, 2021

Dateline 2021-09-03, The Sun:

“Code Red for humanity”. That was how United Nations secretary-general António Guterres described the Sixth Climate Change Assessment Report released by the UN’s Intergovernmental Panel on Climate Change (IPCC) Working Group 1 last month.

“The alarm bells are deafening and the evidence is irrefutable: greenhouse gas (GHG) emissions from fossil fuel burning and deforestation are choking our planet and putting billions of people at immediate risk,” he was quoted as saying in a statement issued in response to the IPCC report.

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Cover Story: A challenging transition period for Petronas

September 25, 2021

Dateline 2021-09-09, The Edge:

NATIONAL oil company Petroliam Nasional Bhd (Petronas) is going through a period of transition, and could undertake asset divestments, acquisitions into new businesses and other corporate exercises — all of which could dampen earnings in the near term at least.

These changes come at a time when the global economy is being ravaged by the effects of the Covid-19 pandemic and there is a shift away from oil as a source of fuel as environmental, social and governance (ESG) awareness makes cleaner options more desirable. Electric cars are catching on, threatening to sideline internal combustion engines.

“There is one very aggressive consultancy that has told us [oil is going to peak] in the next one or two years. Yes, that soon, mainly because of the convergence of all the OEM (original equipment manufacturer) carmakers,” says Petronas president and group CEO Tengku Muhammad Taufik, in explaining the challenging outlook.

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‘Biomass to energy’ can help Malaysia meet green energy goals, says MIGHT

September 25, 2021

Dateline 2021-09-01, The Edge:

Malaysia’s new energy transition agenda through “biomass to energy” (BTE) is expected to be of help in the country’s supply of green energy for future use, according to the Malaysian Industry-Government Group for High Technology (MIGHT). 

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Takiyuddin says committed to strengthening Energy and Natural Resources Ministry agenda

September 24, 2021

Dateline 2021-09-01, Malay Mail:

Energy and Natural Resources Minister (KeTSA) Datuk Seri Takiyuddin Hassan today expressed his ministry’s commitment in pursuing its agenda to ensure that the country’s natural resources are safeguarded, and managed sustainably and responsibly for future generations.

Takiyuddin said in line with the agenda to address the country’s climate change, KeTSA was also committed to increasing electricity generation from renewable energy sources through the Electricity Supply Generation Development Plan 2021-2039.

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RESEARCHERS REVEAL THE REAL SAVINGS FUEL ECONOMY STANDARDS WILL BRING TO MALAYSIA

September 23, 2021

I think this is what is called ‘angkat bakul sendiri’ but hey, if it saves the world for my office’s cat’s (n)greatgrandkittens, why not?

Dateline 2021-08-31, XJTLU:

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In a paper published in the journal Sustainability, Distinguished Professor Teuku Meurah Indra Mahlia and PhD student Ahmad Zuhairi Muzakir, both from UTS, along with Professor Eng Hwa Yap from XJTLU, found that if Malaysia adopted a fuel economy standards policy similar to those implemented internationally, it would provide huge savings in fuel consumption and reduce carbon emissions.

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Rex Gets Hold of Two Small Oil Fields Offshore Malaysia

September 22, 2021

Rex who?

Dateline 2021-08-30, OE:

Oil and gas companies Rex International and Duta Marine have been awarded rights to operate the Rhu-Ara and Diwangsa clusters offshore Malaysia.  

Petronas signed the two Small Field Asset (SFA) Production Sharing Contracts with the two companies in what is Rex’s maiden entry into Malaysia’s upstream industry, in partnership with local company Duta Marine. 

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Gas Malaysia subsidises refuel costs for B40 motorcyclists

September 21, 2021

I would suggest that the money may be invested in better ways to help B40, but hey, above my pay grade.

Dateline 2021-08-30, The Malaysian Reserve:

GAS Malaysia Bhd is taking up the petrol refill costs for lower income groups who are riding motorcycles below 170cc to help them cope with living costs amid the Covid-19 pandemic.

The corporate social responsibility (CSR) initiative themed “Kempen Tuang Minyak — Awak Isi, Kami Bayar” is being held at Gas Malaysia’s selected petrol stations throughout Peninsular Malaysia namely Ayer Keroh (Melaka), Pasir Gudang (Johor), Gebeng (Pahang), Manjung (Perak) and Senawang (Negri Sembilan).

It will soon be extended to Kuala Lumpur (KL), Putrajaya, Shah Alam and Perai respectively.

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Investment nod for Shell’s Timi gas project off Malaysia

September 20, 2021

Dateline 2021-08-30, Energy Voice:

Shell and its partners, Petronas Carigali and Brunei Energy Exploration, have taken a final investment decision (FID) on the Timi sweet gas development offshore Malaysia that will help boost the country’s liquefied natural gas (LNG) exports. Significantly, Shell said the development marks its first offshore wellhead platform to be powered by solar and wind in Malaysia.

The Timi field is about 200 kms off the coast of Sarawak and its development is designed to pump up to 50,000 barrels of oil equivalent per day (boe/d) at peak production, Shell said today. Shell said it will evacuate its gas to the F23 production hub via an 80 km pipeline while supporting the future growth in the central Luconia area, off the coast of Sarawak.

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