According to Petronas president and group CEO Datuk Wan Zulkiflee Wan Ariffin, the group would continue to maintain a
KUALA LUMPUR: Cost-cutting measures have helped lift Petroliam Nasional Bhd’s (Petronas) earnings last year but the state-owned oil and gas company is not about to embrace an optimistic stance, stating it remained cautious in its outlook for the industry this year.
According to Petronas president and group CEO Datuk Wan Zulkiflee Wan Ariffin, the group would continue to maintain a “conservative” outlook for 2017, pursuing cost optimisation and efficiency improvement, given the uncertainty of global crude oil prices.
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