(EnergyAsia, March 11 2013, Monday) — Malaysian state energy firm Petronas said it plans to reduce its dividend pay-out to the country’s increasingly oil-dependent government by 10% after reporting a 14% drop in net profit for 2012. As it focuses on building up its upstream assets at home and abroad in the face of rising…
MALAYSIA: Petronas reports 14% net profit drop, plans to reduce dividend payout to state
Posted on March 11, 2013 by EnergyAsia