OGSE firms must embrace low-carbon future to stay competitive: Petronas
This is as Malaysia's oil and gas industry faces one of its toughest periods in history
Kuala Lumpur
THE oil and gas services and equipment (OGSE) companies in Malaysia must embrace the current market uncertainties and move towards a low-carbon future to stay competitive, a Petronas senior executive said on Thursday.
Speaking at an online event on Thursday, Hazli Sham Kassim, the chief of government and regulator advisory of the state-owned energy firm, said the country's oil and gas industry is currently facing one of its toughest periods in history.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
Oil settles down on US jobs data, steepest weekly loss in three months
Glencore Group nears deal for Shell’s Singapore oil refinery
Opec+ may need to tackle oil capacity conundrum next month
Gold flat ahead of US payrolls data, set for second weekly drop