No financing leeway even for Malaysia’s oil and gas players
Malaysian banks are cutting exposure to oil and gas (O&G)-based loans. While the banks save themselves, O&G companies are struggling harder to stay afloat.
Malaysian banks are cutting exposure to oil and gas (O&G)-based loans. While the banks save themselves, O&G companies are struggling harder to stay afloat.
With South China Sea disputes restricting oil development projects, Vietnam may have to find alternative energy sources to fuel its growth.
Despite claims of progress and reform, East Timor’s government is not putting the needs of its population first in planning for a future without oil propping up its economy. That decision blights the lives of many ordinary citizens.