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KiniBiz | Frontier and deepwater exploration in Asia will be among high-cost ene…

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
www.kinibiz.com
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.

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