Petronas Allocating Around 5% of Capex to Renewable Energy, CEO Says

Petronas Allocating Around 5% of Capex to Renewable Energy, CEO Says

Assessment

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Business, Social Studies

University

Hard

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The transcript covers a range of topics including shareholder relations, financial strategies, insights from the Subway IPO, Petronas' transition to renewable energy, regional energy demand in Asia, geopolitical risks in Iraq, and oil price projections. The speaker emphasizes the importance of responsible shareholders, the need for a sustainable business model, and the role of oil and gas alongside renewable energy. The discussion also touches on the impact of geopolitical tensions on operations and the company's conservative approach to planning.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Where does Petronas see the rise in energy demand coming from?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Petronas's planning basis for oil prices this year?

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