O&G upstream segment poised to remain stable


PETALING JAYA: Notwithstanding the decline in oil prices, 2025 earnings for the sector are expected to be resilient on the back of selective and sound investments, says MIDF Research.

According to the research firm, the upstream segment will continue to be stable going by the recently released PETRONAS Activity Outlook for the 2025 to 2027 period to maintain the upstream and gas pipelines activities, while mitigating external risks for the downstream.

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PETRONAS , oil , energy

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