Is Petronas An Ungrateful Child of Malaysia?

JULY 12 — In early June Petronas hinted publicly at the World Gas Conference that it is tired of being the Malaysian government’s cash cow. It said no to fuel subsidy and last year it said it wanted to pay less dividends!

Is Petronas ungrateful? The money belongs to the rakyat anyway and hence the government.

While many have attempted to comment on the sustainability of Petronas’ payouts, this article aims to give some insights into the realities of the local oil and gas industry, and why returning all oil harvests back to Malaysians may not be to the benefit of Malaysians themselves in the longer run.

In 1974, Petronas, fully owned by the government of Malaysia, was established and given full ownership and control of our petroleum reserves. Today, it has evolved into a fully integrated oil and gas multinational corporation, ranked among Fortune 500’s largest and most profitable oil and gas corporations with a total workforce of more than 30,000.

Steel Toed Boots 101

A fun article about finding steel toed boots a.k.a. safety boots a.k.a. work boots etc. Whichever you may wanna call it.

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12 hour days can be tough, especially when you are on your feet the entire time. That being said, I wanted to take some time to talk about the right rig boot, and point out some other things that you should look for when buying your next pair of steel toed. We’re not exactly going for the wall street look here, but keeping your feet dry and comfortable will make your life a while lot easier.
Forget laces

If you’re a worm hand, don’t even think about getting lace up boots. Trudging around in ankle-deep mud and water will gum up those things faster than you can imagine. And nothing will ruin your day faster than realizing that your cheap lace-up Wal-Mart boot, just isn’t gona cut it. It won’t take long before your back at the store looking for pull-on boots.

I made this exact mistake of buying some cheap Wal-Mart lace-up boots on my first day…. and I couldn’t throw them away fast enough. The very next day I drove into town and bought myself some pull-on redwings…. And never looked back.
Remember this if you remember anything