Petronas to diversify into renewables amid low oil prices

Oil companies shifting from pure oil and gas player to diversified energy companies is a trend that started in Europe (Statoil, Shell, BP, Total) and is now reaching Asia.

https://www.reuters.com/article/us-malaysia-petronas-renewables/malaysias-petronas-sets-up-team-for-renewable-energy-push-idUSKCN1NW11C

In the end we could just have the US oil companies left behind, trapped in the XXth century.

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