Growing opportunities for O&G companies in new energy space


Dateline 2019-08-02, Malaysian Reserve:

THE worldwide push towards a sustainable and greener future is creating new growth opportunities for Malaysian oil and gas (O&G) companies looking to tap into new and diversified income streams.

Malaysia’s pledge to reduce its carbon emissions and increase its renewable energy (RE) mix in the not-too-distant future is carving out new economic opportunities for local players.

The O&G sector is among industries showing tentative, but nascent signs of growth in the new energy space as a means to tap into new markets, while diversifying its revenue base.

 

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