Fighting Off Trouble at Home, Petronas Tries to Beef Up Oil & Gas Production


From Energy Tribune, dateline 2013-04-xx:

Malaysia’s oil and gas major PETRONAS has seen better days. The state-owned company is vested with the entire oil and gas resources in the country as well as its exploration and production (E&P) and is subject only to the prime minister who controls appointments to the company’s board.

Until recently, Fortune listed PETRONAS as one of the largest and most profitable companies in the world and the most profitable in Asia. However the company’s size hasn’t help it ward off recent problems.

Net profit decline

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This entry was posted on Thursday, May 9th, 2013 at 6:00 am and is filed under 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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