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IT looks like the oil and gas (OG) business is the right business to be in now.
China as the world's factory has often been referred to as a thirsty nation. The country needs much electricity for its factories and what more now with many affluent Chinese driving instead of cycling.
Iran, Sudan, Venezuela, Syria - nations shunned by America as nuclear threats, insurgent havens or human rights violators are increasingly being wooed by China and India in a race for oil and influence that is challenging Washington on the energy and security fronts.
SHARES of Malaysia International Shipping Corp Bhd (MISC) hit a record high yesterday, driven by their cheap valuations and expectations of firmer freight rates.
THE Malaysia-Thai gas pipeline project, which costs over RM1bil, will boost border development of both countries and create spin-off prospects for supporting industries.
OIL prices are likely to continue to be on the uptrend at least in the medium term due to strong demand from rapidly developing countries like China and India, according to Harvard Business School senior associate dean director (Asia Pacific) Richard Vietor.