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Illinois governor to halt data centre tax perks

Illinois governor JB Pritzker is seeking to temporarily halt incentives for data centres in a bid to contain soaring power bills.

Global Energy Alliance seeks US$100mil fund

The Global Energy Alliance for People and Planet (GEAPP) is seeking to raise about US$100mil by 2028 to finance the digitisation of India's electricity grids and plans to approach development finance institutions, including the World Bank and the Asian Development Bank, its chief executive Woochong Um says.

Energy Commission announces successful bidders for NewGen25 programme

KUALA LUMPUR: Bidding for the NewGen25 tender programme has been concluded, according to the Energy Commission (EC).

Oil set for second straight weekly drop as Iran risks recede

OIL prices slipped on Friday and were on track for a second weekly decline as concerns receded over the risks of a U.S.-Iran conflict that could affect supply.

Oil prices rise on concerns about US-Iran tensions

BEIJING: Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, and fears that any attacks on Tehran or shipping could lead to supply disruptions.

PETRONAS launches 2026 bid round for nine exploration blocks

KUALA LUMPUR: Malaysia's state energy firm Petroliam Nasional Bhd (PETRONAS) on Wednesday launched a new round of bids for nine oil and gas exploration blocks across the country.

Bestari LSS project commences construction

Malaysia's largest and one of South-East Asia's largest floating solar photovoltaic farms, the 300-megawatt (MWac) Bestari Large-Scale Solar Project in Bestari Jaya, Kuala Selangor, has commenced construction.

Oil eases as traders weigh supply risks amid US-Iran tensions

OIL prices edged down on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran.

Construction begins on Bestari 300MW floating solar project in Selangor

PETALING JAYA: Malaysia's largest and one of South-east Asia's largest floating solar photovoltaic farms, the 300-megawatt (MWac) Bestari Large-Scale Solar Project in Bestari Jaya, Kuala Selangor, has commenced construction.

Oil drops more than 1% as US-Iran talks ease supply worries

SINGAPORE: Oil prices fell more than 1% on Monday as fears of a Middle East conflict eased after the U.S. and Iran pledged to continue indirect talks about Tehran's nuclear programme, calming worries about potential supply disruptions.