AI Summary
Petronas is continuously reviewing and adjusting its asset portfolio to ensure value creation and delivery. The company has redefined its portfolio characteristics, including targeting oil prices at or below US$50. Assets that don't meet these standards, including operational efficiency and value delivery, are being evaluated for potential divestment or partnerships to share risk. Petronas has already reduced its presence in Sudan as part of this ongoing portfolio optimization.
Read the original article
This article has been processed for multi-language support.
Embedded View
Related Articles
Thailand pledges full care, aid for M’sian tourists burnt in Ratchadamri incident
B
Sarawak Immigration nabs 10 undocumented Indonesians at Penrissen Camp
B
Man hit with RM2,500 fine for buying illegal lottery ticket in Kuching
B
Azalina: Amendments to Penal Code to address harassment, insults and bullying
B