Petronas warns of project delays, aims to keep local capex


  • Energy
  • Tuesday, 14 Apr 2020

Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year

KUALA LUMPUR, April 13 (Reuters) - Malaysian state energy giant Petronas said the risks of delays to some of its projects were rising due to prolonged coronavirus-related lockdowns around the world.

Petronas, which operates in more than 20 countries including Brazil and the United States, said in an email that it would try to maintain its domestic spending for this year.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Petronas , project delays , capex ,

   

Next In Business News

High expectations
The global port race: Will Malaysia keep up?
Divergent views on economic prospects
Uplifting local agriculture
Addressing the ripple effect of higher wages
Identifying opportunities for 2024
India economy to exceed growth estimates
OCBC sues money laundering suspect for US$15mil
Asia factory activity weakens, uncertainty on China clouds outlook
Results on track

Others Also Read