KUALA LUMPUR: After two years of low investments in the oil and gas (O&G) sector, Petroliam Nasional Bhd (Petronas) is planning to increase its capital expenditure (capex) this year.
President and group chief executive officer Datuk Tengku Muhammad Taufik Tengku Aziz said the group wants to bring back its annual investments to pre-pandemic levels of between RM40bil and RM50bil.
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