Amid rising ESG pressure, Malaysia prepares oil and gas firms for green economy

Kuala Lumpur

AS a major energy exporter, Malaysia is taking steps to help oil and gas companies transition to a low-carbon economy at a time when investors and consumers increasingly demand cleaner energy and climate action.

The Malaysia Petroleum Resources Corp (MPRC), a government agency tasked to develop the oil and gas services and equipment (OGSE) industry, said that sustainability is a key pillar under the industry's 10-year blueprint launched in April.