Saturday, 18/11/2017 | 12:14 UTC+8
  • Low oil price hits US$200bil in mega-projects

    LONDON: Deepwater oil projects and complex gas facilities worth around US$200bil (RM750bil) have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young (EY) said on Tuesday. Further project cuts and delays are likely as the industry braces for

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