Petronas plans clean energy business unit in global shuffle

Dateline 2022-02-11, Energy Voice:

Malaysia’s national oil company Petronas is setting up a business unit focusing on clean energy solutions as part of a global operational shuffle.

Petronas chief executive Tengku Muhammad Taufik announced the changes in a two-hour long internal townhall on Tuesday, according to recording of the meeting reviewed by Bloomberg. He said the launch of the clean energy solutions business is aimed for as early as the middle of this year. Petronas is also divesting assets in Myanmar, Chad and Azerbaijan, according to the people.

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