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O&G sector must treat volatility as 'new norm', says Petronas CEO

At the OGA 2026 conference in Kuala Lumpur, Petronas CEO Tengku Muhammad Taufik Aziz said the oil and gas industry must treat volatility as the new norm, citing recent disruptions. He also outlined Petronas's target to sustain Malaysia's oil and gas production at two million barrels of oil equivalent per day through 2028.

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