News Update
Asia's significance and contribution to global issues of energy, climate change and sustainable development has been steadily growing. The update highlights some of the major news stories from various Asian countries offering an overview of the issues, prospects and challenges in the region.
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| Malaysia: Petroliam Nasional: Signed agreement with Total to study gas field offshore Sarawak |
| Fox Business, 28 March 2012 |
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Petroliam Nasional Bhd., Malaysia's state-owned oil and gas company, said that it has signed an initial agreement with France's Total S.A. (FP.FR) to study the possible development of a natural gas field offshore Sarawak. Under the agreement, Petroliam Nasional, or Petronas, will explore the possibility of developing the K5 field, which has a high level of carbon dioxide, the company said in a statement.
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