Latest news with #P-ETA
Focus Malaysia
25-06-2025
- Business
- Focus Malaysia
Energy Asia 2025: Turning talk into tangible transition
THE Energy Asia 2025 conference wrapped up with a clear message: Asia must take the driver's seat in shaping a pragmatic and inclusive energy transition. With regional energy demand expected to surge, the continent faces the dual challenge of decarbonising without sacrificing economic growth. The event underscored that for Asia, energy security and affordability cannot be compromised in pursuit of net-zero goals. Central to the discussions were collaborative strategies, investment commitments, and emerging technologies such as AI and carbon capture. Malaysia, playing a key role as ASEAN Chair 2025, showcased substantial progress through initiatives like the National Energy Transition Roadmap (NETR), and through regional partnerships spearheaded by Petronas. Key projects included expanding LNG regasification capacity, developing CO₂ carriers, and deepening energy ties with Korea, Japan, and the US. The conference highlighted how cleaner fossil fuel use, such as LNG, will remain vital in the short-to-medium term, supported by innovations in hydrogen and CCUS. Notably, Petronas launched the Petronas Energy Transition Academy (P-ETA) to bridge the green talent gap, while collaborations like the Blue Carbon Collective reflected growing interest in nature-based climate solutions. But ambition is not enough—execution is now critical. The report emphasized moving beyond MoUs to real project implementation, infrastructure development, and regulatory harmonization. Financing emerged as a key hurdle, with calls for stronger public-private partnerships, blended finance models, and deeper green capital markets. Europe's experience offered instructive parallels, showing how regional interconnectivity, joint procurement, and CCS networks can work—albeit with complex coordination. Asia can take cues while tailoring solutions to its own socio-economic realities. Looking ahead, action plans must include accelerating technology adoption, expanding carbon markets, and ensuring a just transition that benefits all. Malaysia appears well-positioned, having launched or committed to policies on climate change, circular economy, energy efficiency, and digitalisation of the energy sector. Energy Asia 2025 did not just set the agenda—it demanded measurable progress. With Asia pivotal to global net-zero goals, the region must balance idealism with practicality. The takeaway is clear: decarbonisation must not come at the cost of development—but with innovation, cooperation, and sustained investment, both goals are within reach. —June 6, 2025 Main image: Baker Institute
Barnama
16-06-2025
- Business
- Barnama
Petronas Unveils P-ETA To Accelerate Energy Industry Workforce Development
KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and its partners has launched the Petronas Energy Transition Academy (P-ETA) at the Energy Asia 2025 conference here today. Petronas said in a statement that the academy, located at Institut Teknologi Petroleum Petronas (INSTEP) in Terengganu, is designed to help prepare the future workforce to meet the demands and respond to the challenges and the opportunities of the lower carbon energy industry. "P-ETA is an initiative by Petronas technical training institute, INSTEP, and will be open to participants from global energy players. "The academy aims to provide learners with the right skills and knowledge to enable them to participate in and contribute to the fast-evolving energy industry," it said. The launch was officiated by Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz. Tengku Muhammad Taufik said the academy will lay the foundation for an equitable energy future shaped by leaders and professionals with the vital skillsets to meet the world's growing energy needs. 'As Petronas continues to pursue our energy transition strategy which aims to balance energy security, affordability and sustainability, this initiative is envisaged to support access to equitable opportunities for the workforce delivered through programmes that will be specially curated in the context of the energy transition,' he said. Furthemore, INSTEP has exchanged three memoranda of understanding (MoUs) with P-ETA training partners namely Sustainable Energy Development Authority Malaysia, the United Kingdom-based Energy Institute and OPITO respectively. It said the MoUs aim to deliver programmes aligned to international standards that will help fast-track capability development across areas such as carbon management, hydrogen, renewable energy, energy efficiency and circular economy practices.
Barnama
16-06-2025
- Business
- Barnama
PETRONAS And Partners Launch Energy Transition Academy To Accelerate Energy Industry Workforce Development
KUALA LUMPUR, June 16 (Bernama) -- PETRONAS and its partners launched the PETRONAS Energy Transition Academy (P-ETA) today at the second edition of the Energy Asia conference. The academy is designed to help prepare the future workforce to meet the demands and respond to the challenges and the opportunities of the lower carbon energy industry. P-ETA is an initiative by PETRONAS' technical training institute, Institut Teknologi Petroleum PETRONAS (INSTEP), and will be open to participants from global energy players. The academy aims to provide learners with the right skills and knowledge to enable them to participate in and contribute to the fast-evolving energy industry.
