NST Online Business Times : latest
NST Online Business Times : latest |
| Oil, gas production costs to hit 'new high' Posted: 05 Jun 2011 07:07 PM PDT Crude oil and natural gas exploration and production costs will reach "new high" this year, Petroliam Nasional Bhd Chief Executive Officer Shamsul Azhar Abbas said at the Asia Oil and Gas Conference in Kuala Lumpur today. Malaysia has a significant amount of resources that remain untapped, said Shamsul Azhar Abbas. About 1.7 billion barrels of oil equivalent in the nation are yet to be produced, he said. Shamsul also said that more could be done to improve oilfield recovery. -- Bloomberg  Full Feed Generated by Get Full RSS, sponsored by USA Best Price. |
| Posted: 05 Jun 2011 06:02 PM PDT Malaysian Airlines Systems Bhd said it will review its long-standing relationship with KLM after agreeing to join the Oneworld alliance. KLM, a brand of Air France-KLM, is part of the rival SkyTeam alliance of carriers. Malaysia Airlines Chief Executive Officer Tengku Azmil Zahruddin spoke to reporters in Singapore today. -- Bloomberg Full Feed Generated by Get Full RSS, sponsored by USA Best Price. |
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