Petronas profit slips 8% in Q1

Farmout talks: Three to four suitors for 10% stake in Pacific NorthWest LNG, says Shamsul Abbas

Malaysian state energy player Petronas reported an 8% fall in net profit for the first quarter to 16.2 billion ringgit ($5 billion) from 17.6 billion a year earlier, in a drop attributed to higher operating expenses.

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