RON95, diesel subsidies projected to cost RM3.5 billion per month if oil remains at US$90 per barrel
KUALA LUMPUR, JULY 22 — The government estimates that RON95 petrol subsidies will reach around RM2 billion per month and diesel subsidies around RM1.5 billion per month if crude oil prices remain at around US$90 per barrel based on current projections. Deputy Finance Minister Liew Chin Tong said that so far the country’s fiscal position […]
Biodiesel B100 has the potential to be a strategic alternative for the country’s energy
KUALA LUMPUR: Palm-based B100 biodiesel has the potential to be a strategic alternative in strengthening the country’s energy security, especially in weathering the uncertainty of global fuel supply, said FGV Biotechnologies Sdn Bhd Chief Executive Officer, Roziyatulshima Zamil. He said B100 biodiesel refers to fuel produced entirely from palm oil without any fossil fuel admixtures, […]