Petronas and Italian energy giant Eni have formed a 50:50 joint venture creating “Searah”, a regional gas-focused platform combining 19 assets across Malaysia and Indonesia aimed at scaling production beyond 500,000 boe/d within three years
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
