Petronas Cuts Spending

Petronas is planning to cut USD 11.4 billion in capital and operating expenditure over the next four years due to falling oil prices and it is as yet unclear which projects will be affected.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s