Petronas to focus on the upstream segment

Published on 8 Mar 2019 7:36:59 PM

Petronas CEO Tan Sri Wan Zulkiflee Wan Ariffin expects capital expenditure (capex) to rise above RM50bil in 2019 from RM46.8bil in 2018, adding that the upstream segment and renewable energy space will have its share of the capex going forward.