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Petronas: Oil and gas to remain a significant portion of energy mix | Money

Monday, 05 Apr 2021 10:50 AM MYT Petroliam Nasional Bhd executive vice-president and chief executive officer, upstream, Adif Zulkifli said as an industry tasked with catering to the growing energy demand, it was critical for the national oil company to continue to deliver energy that was affordable, secure and sustainable. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 5 Oil and gas will continue to make up a significant portion of the energy mix, although at a declining trend of 47 per cent by 2040 from about 54 per cent in 2018 due to the growth of renewable energy.

Oil and gas to remain a significant portion of energy mix, says Petronas

KUALA LUMPUR: Oil and gas will continue to make up a significant portion of the energy mix, although at a declining trend of 47 per cent by 2040 from about 54 per cent in 2018 due to the growth of renewable energy. Petroliam Nasional Bhd (Petronas) executive vice-president and chief executive officer, upstream, Adif Zulkifli said as an industry tasked with catering to the growing energy demand, it was critical for the national oil company to continue to deliver energy that was affordable, secure and sustainable. This is where the challenge lies. We need to do it safely, at the lowest cost possible to ensure we are resilient and additionally, at low carbon which means that we need to ensure that we need to drive carbon emissions levels down from current levels, he said in his keynote address at the inaugural Re-Imagining Malaysia Assets (RESET) 2021.

THE INAUGURAL VIRTUAL RESET 2021 CONFERENCE Themed Re-Imagining Malaysia Assets (RESET)

KUALA LUMPUR, Malaysia, Feb. 10, 2021 /PRNewswire/ The inaugural Re-Imagining Malaysia Assets (RESET) 2021, a technology-based conference hosted by PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a subsidiary of PETRONAS, is set to take place virtually from 5 - 8 April 2021. The event is organised by the Society of Petroleum Engineers Kuala Lumpur (SPE KL) in collaboration with the Malaysian Oil & Gas Services Council (MOGSC) and Informa Markets. The four-day event aims to strengthen collaboration amongst asset owners, government bodies and solution providers across industries. This initiative steers towards the development of technologies and work methods encompassing the enabling of technologies, advancement of practices, adoption of data driven solutions to operational synergies that will responsibly stretch potential economic returns to optimum level.

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