Petronas Allocates 5% of Capex for Renewable Energy, CEO Says

The video discusses Petronas' transition to cleaner energy, highlighting their new statement of purpose and investment in renewable energy. It covers the rising energy demand in Asia, particularly in China, and the impact of geopolitical tensions on operations in Iraq. The video concludes with a discussion on sustainable oil prices for 2020.

What percentage of Petronas's CapEx is allocated to renewable energy?

• 20%

• 5%

• 10%

• 15%

Which region is expected to see a significant rise in energy demand over the next five years?

• Europe

• North America

• Asia

• Africa

What is the expected annual growth rate of energy demand in Asia?

• 4-5%

• 1-2%

• 3.5-4%

• 2-3%

How is Petronas ensuring the safety of its staff in Iraq amidst geopolitical tensions?

• By halting operations

• By monitoring risks and communicating with other operators

• By relocating staff to safer areas

• By increasing security personnel

What is the planned sustainable oil price for 2020 according to Petronas?

• High 60s

• High 70s

• High 40s

• High 50s