By KINIBIZ
The national oil corporation Petronas was formed in 1974 to own and harness Malaysia’s oil and gas reserves, a job it did very well and inevitably became very rich in the process. It provides through taxes and dividends some 40% of the government’s spending money and has assets coming up to some half a trillion ringgit. But now things are not so rosy anymore. Foreign operations are coming under pressure and it has to do more to get domestic production up. KiniBiz looks at the problems that face Petronas and how it should move forward in a series of articles.
Issues
#1
In the first article of a four-part series on national oil company, Petronas, KiniBiz looks at the pressing questions that come up when one talks about Petronas’ operations especially since the ...
#2
In the second of a four-part series on Petronas KiniBiz examines Petronas’ overseas ventures and raises the question of whether there is just too much money - and too much risk - involved.
#3
In the third of our four-part article on Petronas, we look at the pressures Petronas faces in its domestic operations, which is still its mainstay. And we raise the question of whether it would ...
#4
Oil is all about access, not production. And therefore only those who have access to the black gold can pump up extraordinary profits. It is estimated that three quarters of the world’s ...
You must be logged in to post a comment.