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PETALING JAYA: While the plunging crude oil price has wreaked havoc on oil and gas (O&G) stocks, Yinson Holdings Bhd is fairly confident that its margins will be intact on the grounds that its contracts with suppliers are secured.
PETALING JAYA: Fourteen oil fields in Malaysia, identified under the enhanced oil recovery (EOR) initiative, are targeted to produce between 750 million and one billion barrels of oil for the duration of fields’ economic life, depending on the condition of the fields and when these projects start up.
KUALA LUMPUR: Yinson Holdings' core net profit for the first quarter of 2017 (Q1, FY17) is estimated to be RM40mil to RM45mil boosted by its floating storage and offloading vessel (FSO) and floating production, storage and offloading vessel (FPSO) businesses.
Last year, the Air Transport Action Group (ATAG) noted that commercial aircraft produced about 700 million tonnes of carbon dioxide, representing about 2% of CO2 produced from all human activities.