Today's Fresh Blogs...

• Petronas posts 50% profit rise

  Published: July 22, 2007, 1:03 pm

  Tags: Net Income, Petroliam

  JULY 1, 2005KUALA LUMPUR Petroliam Nasional, Malaysia's state oil and gas company, posted a record full-year profit Thursday, up 50 percent from a year earlier because of the surge in crude oil prices. Net income for the year that ended on March 31 rose to 35.6 billion ringgit, or $9.4 billion, from 23.7 billion ringgit a year earlier. Sales

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• AUTRALIA: Petronas to Buy Woodside's Oil Assets in Mauritania

  Published: September 27, 2007, 2:12 am

  Tags: Canary Islands, Patrick Chang, Malaysia, Sudan, Chad, Woodside Energy, Petroliam Nasional, Libya, Selenia, Sierra Leone, Kuala Lumpur, Algeria, Apa Group, Kenya, Petronas, Liberia, Egypt, Australia

  Petroliam Nasional Bhd., Malaysia's state oil company, agreed to buy Woodside Petroleum Ltd.'s assets in Mauritania for $418 million, boosting overseas revenue as output falls at home. Petronas, as the company is known, will take over 47 percent of the Chinguetti field, Mauritania's only oil-producing project, and stakes in areas

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• ASIA: Tenaga Asks Malaysia for 10 Years of Price Increases

  Published: December 14, 2007, 1:07 am

  Tags: Kuala Lumpur, Malaysia, China, Che Khalib, Petroliam Nasional, Kalimantan, Globalcoal, Tenaga Nasional, Indonesia, Australia

  Tenaga Nasional Bhd., Malaysia's biggest power utility, wants the government to let it raise electricity prices every year for a decade to compensate for a planned reduction in fuel subsidies. After the natural gas subsidy to Tenaga is removed, the state-controlled company should be allowed to... [[ This is a content summary only. Visit my

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