By Khairul Khalid
In a series of three articles, KINIBIZ looks at Petronas’ Canadian venture. With earnings falling, Petronas’ new CEO Wan Zulkiflee Wan Ariffin wants to adopt a more cautious approach but its huge bets overseas, such as its troubled RM100 billion Canadian project, may undermine any fiscal tightening. Will we really see a more prudent Petronas? Could Petronas be forced to pull the plug on the RM100 billion project? And what about falling energy prices which may make the venture unviable?
Issues
#1
With earnings falling, Petronas’ new CEO Wan Zulkiflee Wan Ariffin wants to adopt a more cautious approach but its huge bets overseas, such as its troubled RM100 billion Canadian project, may ...
#2
Petronas’ LNG project in British Columbia – one of its biggest-ever investments overseas – is in danger of being derailed due to fierce resistance by Canadian aboriginal communities. Could ...
#3
Petronas’ messy RM100 billion Canadian LNG (liquefied natural gas) project is a perfect example of the company’s hubris when investing overseas. Will it be a wake up call and force Petronas to ...
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