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Hassan on Petronas’ future plans
Petronas president Tan Sri Hassan Marican, in a separate interview with Azam Aris and Surin Murugiah from The Edge Financial Daily after announcing its financial results for the year ended March 31, 2007, provides an insight into the company’s operations and future plans. Here are excerpts of the interview:
FD: Another record profit year for Petronas. [...]
BreitBurn Energy Partners L.P. to Acquire Permian Basin Oil Properties
BreitBurn Energy Partners L.P. announced today it has signed a definitive agreement to acquire high quality oil properties in the Permian Basin of West Texas for approximately $29.0 million from Voyager Gas Corporation. BreitBurn is acquiring the Lazy JL Field, which has total proved reserves of approximately 2 million barrels of oil equivalent (MMboe) and [...]
Mining To Slow Slowly Over Next Two Years
Here’s some good news for the big end of the market where resources are still booming. Leading economic forecaster and industry analyst BIS Shrapnel sees the current boom lasting through until the end of 2008.
It said yesterday that with work in the pipeline and more projects still to start, “investment is forecast to rise another [...]
