KiniBiz | Frontier and deepwater exploration in Asia will be among high-cost energy projects most at risk from an oil price slump that has knocked 25% off the top of global crude prices.
Asian companies embarked on a raft of new projects, including marginal fields, as oil prices held above US$ 100 (RM328.87) a barrel for most of the last four years, supported by output cuts in the Middle East and North Africa.
Plunging oil prices jeopardise costly Asian energy projects
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Frontier and deepwater exploration in Asia will be among high-cost energy projects most at risk from an oil price slump that has knocked 25% off the top of global crude prices.
