Malaysia- and Singapore-based marine fuel bunkering services provider TMD Energy Limited (TMDEL), together with its subsidiaries on Monday (8 June) announced a two-year extension of its Memorandum of Agreement (MOA) with bioenergy firm Double Corporate Sdn Bhd (Double Corporate) to explore strategic collaboration for the EU and Asia markets. Initially signed on 18 June 2025, the MOA establishes a framework for a proposed collaboration on sustainable bioenergy fuel solutions by both parties. While the original agreement was set for a one-year term, this extension adds an additional two years to the MOA from its current expiry date, maintaining all original terms and conditions. This extension grants both parties additional time to continue discussions, comprehensively evaluate the proposed collaboration and explore potential participation in Malaysia and global markets with a two-year exclusivity period, and negotiate toward the execution of definitive agreements. “We are pleased to extend our partnership with Double Corporate,” said Dato’ Sri Kam Choy Ho, Director and Chief Executive Officer of the Company. “This extended timeframe allows us to continue advancing discussions on a potential collaboration that integrates Double Corporate’s innovative waste-to-energy technologies and our expanding footprint in the global marine fuel market.” Double Corporate is a ISCC-EU certified Malaysian-based bioenergy company specialising in waste-based bioenergy and it involves converting waste into high-yield sustainable fuels and lubricants using proprietary, ISCC-EU-approved technology. Related : TMD Energy and Double Corporate to negotiate on bioenergy sustainable fuel solutions deal   Photo credit: TMD Energy Published: 10 June, 2026