Tuesday 27 September 2016

Too Little, Too Late, Petronas Is Gonna Say Thanks But No Thank You.

At last, the Canadian government has approved a proposed Petronas-led liquefied natural gas plant in northern British Columbia, ending a three-year wait for a decision.
Petronas and its partners had been waiting for a permit for the C$11 billion (RM34 billion) plant.
However, slumping profits, falling crude oil prices have hit Malaysia's only fortune 500 company so hard, that the odds of PETRONAS sinking money is diminishing much faster than you can say vote NO on the Reach Energy plan to invest hundreds of millions of Ringgit in Khasakstan.
We DON't need a Melbourne horse to run a company. We need HUMANS to run a company.