Aug 17 - Badly hit by low oil prices, Malaysia's Petroliam Nasional Bhd (Petronas) has warned that its cash flow from operations this year is not expected to meet its capital expenditure (capex) and dividend commitments moving forward. CEO Wan Zulkiflee Wan Ariffin said the company would have to draw on its cash reserves.
Petronas warns about low OPEX
Written by Anja Karl
Monday, 17 August 2015
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