(EnergyAsia, June 30, Tuesday) — Malaysian state oil and gas company Petronas, the pillar for the national economy, could be the focus of a long-term struggle between powerful political factions amid the worsening economic climate. Founded in 1974 to safeguard and develop the country’s oil and gas reserves, the company has long been dominated by…
MALAYSIA: Political dogfight looms over Petronas as financial prospects, reserves diminish
Posted on June 30, 2009 by EnergyAsia