(EnergyAsia, January 6 2014, Monday) — Asian companies will continue to acquire upstream oil and gas assets, but they will be more selective in the face of rising costs, shareholder pressure to grow profits and resource nationalism in host countries, said analysts. The growing caution, most noted among Chinese state-owned firms, was reflected in the…
MARKETS: Asian upstream companies to become more selective as M&A transactions plunge
Posted on January 6, 2014 by EnergyAsia