Petronas’ profit plunges 91 percent

By Offshore Energy Today Malaysian oil and gas company Petronas reported a fall in its third quarter profit after tax to 1.4 billion ringgit ($319.5 million), impacted by the prolonged low oil price and the global supply glut. For comparison, the company’s profit in the corresponding period of 2014 was 15.1 billion ringgit ($3.45

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