Monday, January 17, 2022

energy

Malaysia stands to benefit from energy crisis, says economist

But despite the positive effects expected, the country should brace for the drawback of surging oil prices.

Energy crunch stokes inflation, economic recovery fears

Power prices have surged to record highs in recent weeks, driven by energy shortages in Asia, Europe and the US.

Govt to spend half a billion to maintain 2-sen electricity rebate

Otherwise, the rebate would have dropped to 1.13 sen/kWj.

Saudi vows to ensure China’s energy security for the next 50 years and beyond

The promise comes as Aramco paid the Saudi government 30% less in taxes in 2020 as the region’s largest economy reels from the fallout of the pandemic.

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