Kencana Petroleum seeks partners
Kencana Petroleum Bhd is seeking strategic partners to further enhance its business opportunities and is not interested in mergers, group chief executive officer, Datuk Mokhzani Mahathir, said today.
Canadian oil and gas company EnCana Corp. has revived a plan to split itself into two companies, signaling better credit conditions and raising speculation that a wave of takeovers in the energy industry is around the bend.