Petronas Gas outlook revised upwards
Petronas Gas Bhd's earnings outlook has been revised upwards by a number of research houses after it posted better-than-expected earnings for the nine months ended Dec 31, 2010.
Malaysian state oil firm Petronas will renew a bid for gas producer Progress Energy Resources, Petronas sources said, seeking to assure the Canadian government that the C$5.17 billion deal will benefit the country.