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Petronas makes six oil, gas discoveries offshore Malaysia

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Petronas makes six oil, gas discoveries offshore Malaysia

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Natural Gas News
Petronas makes six oil, gas discoveries offshore Malaysia

Summary

These discoveries were a result of a domestic exploration drilling campaign that began in late 2022. by: Shardul Sharma

Petronas Carigali, a wholly owned subsidiary of state-owned Pet...

Posted in:

Natural Gas & LNG News, Asia/Oceania, Security of Supply, Corporate, News By Country, Malaysia

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Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

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