Oil trading - the dark side of Petronas
COMMENT Last week, the international financial media carried the story that Canada intended to block the planned US$5.3 million acquisition of Calgary-based Progress Energy Resources by Petronas. According to these reports, the country’s industry minister, Christian Paradishad, issued a statement saying he had written to Petronas saying he was “not satisfied that the proposed investment is likely to be of net benefit to Canada”.
For the rest of this story and more, subscribe for only 36 cents a day. If you're already a subscriber, please Sign in.Sign in Subscribe now