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More scholarships up for grabs

Britain's Chevening Scholarship awards, which crossed the 1,000 mark here this year, will see another £1mil (RM6.2mil) allocation for Malaysian recipients under the 2004/05 programme.

Border dispute hinders Total's work

EUROPEAN oil and gas group Total is hopeful that the Malaysian and the Bruneian governments will be able to settle quickly their border dispute concerning the offshore K and J blocks in the South China Sea, Total chairman and chief executive officer Thierry Desmarest said.

RM6.7bil Petronas thrust into N. Africa

PETROLIAM Nasional Bhd (Petronas) is acquiring major oil and gas assets in Northern Africa in a 1.6bil euros (RM6.7bil) deal that would not only give it a significant foothold in the Atlantic Basin liquefied natural gas (LNG) market but also boost its status as a major player in the global LNG industry.

M’sia financial position strong, says Moody’s

MALAYSIA#146;S improved external financial position and its electronics sector#146;s ability to wea-ther global market volatility are underpinning its I>Baa1/Isovereign credit rating, according to Moody#146;s Investors Service.

BP in asset swap deal with Amerada

BP plc said it agreed to an asset swap deal with Amerada Hess Corp, whereby BP will exchange its 25% interest in block A-18 of the Malaysia Thailand Joint Development Area for Amerada Hess#8217; interests in Colombia.