Malaysian Oil Firm Suffers First Quarterly Loss

Malaysia’s national oil-and-gas company, Petroliam Nasional Bhd., or Petronas, said it would cut its investment plans by as much as 30 billion ringgit ($8.3 billion) in the next two years as the company reported its first-ever quarterly loss.



from WSJ.com: US Business http://ift.tt/1DZmk0Y

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