Petronas to maintain capex despite oil price slump
[Reported by The Malay Mail 26 Feb 2020] KUALA LUMPUR, Feb 26 — Petroliam Nasional Bhd (Petronas) is maintaining its annual capital expenditure (capex) at RM50 billion for 2020, but domestic capex will increase by more than 10 per cent to between RM26 billion and RM28 billion. President and group…
Petronas earmarks higher domestic capex for this year
[Reported by The Malay Mail 26 Feb 2020] KUALA LUMPUR, Feb 26 — Petroliam Nasional Bhd (Petronas) is maintaining its annual capital expenditure (capex) at RM50 billion for 2020, but domestic capex will increase by more than 10 per cent to between RM26 billion and RM28 billion. President and group…