Petronas has invested around US$26 billion in RAPID, the biggest project it has undertaken. — Reuters pic
Wan Zulkiflee said Petronas has a growing portfolio of LNG supply sources in Malaysia, Egypt, Canada and Australia and it would be a big income contributor to Petronas. He added that Petronas would not be ahead of the curve in the renewable sphere and would maintain a measured approach in the oil and gas industry.
“We learn many things in these difficult times. Many inefficiencies have crept not only into Petronas the whole industry when the times were really good. We really took this opportunity to really eliminate these inefficiencies. He noted that digital initiatives have also played a huge part in the past two to three years and currently Petronas is on its journey into digital space.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Great explanation by the CEO
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Azmin: Malaysia actively pursuing energy market reforms to attract investment | Malay MailKUALA LUMPUR, June 24 — Malaysia is actively pursuing energy market reforms to enhance the country’s attractiveness as the preferred destination for energy investments, said Economic Affairs Minister Datuk Seri Mohamed Azmin today. The government according to him, continues to... Azmin is a politician, and like most politician he has no idea how to improve our economy other than pandering to mainstream narrative about greener energy that doesn’t make sense. People invest in your country for one simple reason; profit.
Source: malaymail - 🏆 1. / 86 Read more »
What you need to know about the new regulations on investment-linked insurance | Malay MailKUALA LUMPUR, June 24 — Bank Negara's new requirements for investment-linked product (ILP) insurance policies come into effect on 1 July, 2019. If you have or are planning to purchase an investment-linked product (ILP) insurance policy, then you should take note of the new regulations by Bank...
Source: malaymail - 🏆 1. / 86 Read more »