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Malaysia will approve data centre projects only after confirming adequate energy and water capacity exists, Deputy Minister Sim Tze Tzin says. The government prioritises residents' needs before clearing projects.
US President Donald Trump has endorsed British Prime Minister Andy Burnham's plan to expand North Sea oil and gas production, contrasting it with his predecessor Keir Starmer's approach to energy policy.
Malaysia is absorbing escalating global oil prices to maintain RON95 petrol at RM1.99, with the government allocating up to RM50 billion annually in fuel subsidies, according to Prime Minister Anwar Ibrahim.
Malaysia will conditionally approve data centre projects only after confirming adequate energy and water capacity exists for residents and local industries, Deputy Investment Minister Sim Tze Tzin announced in parliament.
Singapore and Malaysia have committed to deepening collaboration on food security, energy, and other strategic priorities, with leaders emphasizing the importance of international law and freedom of navigation amid regional tensions.
Prime Minister Anwar Ibrahim has reasserted that Malaysia's subsidised petrol prices remain more affordable than those in Saudi Arabia, Qatar, and the UAE, defending the government's fuel pricing strategy amid criticism.
Malaysia will convert retiring coal-fired power plant sites into renewable energy hubs and battery storage facilities under a new National Coal Site Repurposing Framework, Deputy Prime Minister Fadillah Yusof announced.
Donald Trump has instructed authorities to investigate major oil companies over persistently high petrol prices, amid mounting criticism of his administration's response to Middle Eastern conflict impacts.
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Malaysia is cutting its subsidised diesel price to RM2.10 per litre from July, marking a tangible win for the MADANI Government's economic reform agenda and targeted subsidy approach using MyKad verification.