Petronas

• SUPCON showcased its star products and solutions for oil, gas & petrochemical industry, including the Intelligent Operation Management & Control System featured with Ethernet-to-Field network and Industrial Operating System equipped with SaaS APP, as well as the cutting-edge instruments including Hobré analyzers.
• Visitors displayed great enthusiasm towards the SUPCON Intelligent Operation Management & Control System, recognizing its game-changing potential to revolutionize industrial practices in autonomous operation.
• Another highlight of the SUPCON booth at OGA 2023 was Hobré analyzers.
• The OGA 2023 event provided a valued platform for the oil, gas & petrochemical industry professionals to have in-depth communications sparking with significant insights.

• While digital industries are proliferating exponentially in Malaysia, the situation is primarily banking on a stable DC & Cloud ecosystem to fuel that demand.
• It's quite evident that it calls for the public and private sector to work closely and come up with a framework that can support all the next-gen DC & Cloud solutions.
• To enable the same and promote the overall growth of the industry, Datacentre & Cloud Infrastructure Summit (DCCI) made its entry to Malaysia for the second time on 16 – 17 May 2023 in Kuala Lumpur.
• All in all, the summit was successful in driving a progressive interaction between the key industry stakeholders and enabled fruitful collaborations that can work towards the building the new era of Datacentre & Cloud in Malaysia.

• The revision of the outlooks to negative from stable reflect AM Best’s view of increasing pressure on Energas’ operating performance assessment.
• As a single-parent captive to Petronas, Energas benefits from direct access to and in-depth knowledge of the group’s insurance risks, which have supported the company’s underwriting capability.
• For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
• AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

• Many assume that big publicly traded oil companies and private individuals are primarily responsible for climate change.
• Chevron, ExxonMobil, Shell and other fossil fuel companies continue to be some of the world’s major greenhouse gas emitters.
• Oxfam found that 125 of the world’s richest billionaires emit roughly three million tonnes of CO2 per year.

State-caused pollution is often neglected

• Despite recent privatization efforts, Saudi Arabia still owns 98 per cent of Saudi Aramco Oil Group.
• In 2017, the Carbon Disclosure Project reported that government-owned enterprises accounted for 59 per cent of the so-called carbon majors’ emissions.
• For reference, the aviation and shipping industries roughly account for two per cent of global emissions each.

State-caused pollution is different

• State-caused pollution presents both a problem and an opportunity.
• State-caused pollution is inconsistent with the principles of international climate change law.
• At the same time, state-caused pollution is easier to control through the political process.
• This implies that their activities are primarily shaped by political priorities, as opposed to the overriding goal of profit maximization.

Addressing state-caused pollution

• First, voters can urge governments to speed up the transition to cleaner energy through state-owned enterprises.
• Starting in 2003, the Ontario government closed five state-owned coal-fired power plants.
• The closures slashed coal’s share of the province’s electricity generation mix to zero per cent from roughly 25 per cent.

A new era for state-owned polluters?

• During the Cold War, many countries nationalized their fossil fuel industries to increase domestic wealth.
• State-owned energy companies in many countries continue to provide a reliable source of energy for domestic consumers.
• The mission of state-owned energy companies will need to change in the climate change era.