Malaysia is seeking to rescue its ailing oil and gas ecosystem with an ambitious 10-year plan after fuel prices were battered last year by the Covid-19 pandemic.
The National Oil & Gas Services and Equipment (OGSE) Industry Blueprint 2021-2030 comes after nearly two-thirds of over 4,000 vendors fell off the radar, victims of a double whammy .
Demand for energy and transportation tanked during the pandemic and this came on top of the rout in oil markets between 2014 and 2016.
State oil giant Petronas was forced to slash a third of its initial RM50 billion (S$16.2 billion) capital expenditure budget for last year, most of which was dedicated to the domestic market. Last year, crude oil prices averaged about US$40 per barrel, down from over US$60 the year before.
Malaysia launches 10-year blueprint to revive oil and gas sector straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
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A group of energy-efficiency organizations has launched an online tool designed to help U.S. workers research career paths in the booming field of green building.
The interactive Green Buildings Career Map highlights career opportunities in building energy efficiency, with 55 jobs across four industry sectors, as well as over 300 potential advancement routes. It was developed with input from industry subject matter experts to help interested candidates learn about quality jobs related to energy efficiency in buildings.
The initiative, supported by a grant from the U.S. Department of Energy Building Technologies Office, was designed to foster a robust and inclusive pipeline of qualified workers to meet employer demand, said Larry Sherwood, CEO of the Interstate Renewable Energy Council, one of its developers. This is crucially important to sustaining the rapid growth of this important industry and ensuring the benefits of employment in this sector are accessible to m
DCSA Track & Trace Standards Adopted by Majority of Member Carriers | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.