KUALA LUMPUR: Capital expenditure (capex) requirements for oil and gas (O&G) players are poised to rise substantially as pressure builds on the industry to adopt more sustainable practices, says Malaysian Petroleum Resources Corp operations head Mustafa Akbar Reza.
He said the O&G industry could ill-afford to just pay lip service with regards to this matter since the push-pull dynamics are very strong for them to adopt sustainable practices in their projects.
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