Finding balance between O&G and net-zero goal

Sustainable entity: Petronas is planning to quadruple capital expenditure for its gas and new energy businesses. — Reuters

PETROLIAM Nasional Bhd (Petronas) has made it clear that it aspires to achieve net-zero carbon emissions by 2050.

But, the national oil company also needs to strike a balance between achieving net-zero while carrying on producing hydrocarbons.

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