Asia will be the driving force behind expansion, says PM
Malaysian Prime Minister urges AOGC delegates to innovate and reform to spark more growth
Fast-developing Asian nations will continue to be the driving force behind future global economic expansion and more energy will be essential to bolster this growth, the Malaysian Prime Minster, Dato’ Sri Mohd Najib Tun Razak, told delegates at the 18th edition of the Asia Oil & Gas Conference. But the key to sustainable development is to make the most of the opportunities, during these challenging times, to innovate and reform, he added. It has taken years for many economies to recover from the financial crisis of 2008, but growth remains fragile in much of the developed world. Still world energy consumption has been robust. It stood at 11.7m tonnes of oil equivalent (toe) in 2008, but
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
