From The Star – Areas of concern for Petronas


Taken from the Star, dateline 2010-10-06:

While Petroliam Nasional Bhd (Petronas) looks set to see healthier earnings in its current financial year ending March 31, 2011, an anticipated slower global growth next year will weigh in on its performance.An area of concern highlighted by the national oil company during its first quarter results media briefing on Monday was the possibility of a double-dip recession and its repercussion on oil prices.

The global financial crisis experienced in 2008 and into 2009 saw downward pressure on the world economy, which consequently pulled down energy demand and prices.

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This entry was posted on Sunday, October 17th, 2010 at 6:00 am and is filed under investment, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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