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The Times: Need to know: January 1, 2008

Natural resources

Petronas, the Malaysian state oil and gas firm, said it awarded a production sharing contract to Royal Dutch Shell and ConocoPhillips to explore natural gas in eastern Malaysia. Under the deal, Petronas’s exploration arm, Petronas Carigali, will take a 40 per cent stake in the contract to explore and produce natural gas from a cluster of offshore fields in Sabah state. Shell Energy Asia and ConocoPhillips will each have a 30 per cent stake in the cluster of four fields. and its sister websites,,,,, and are all owned by John Donovan. There is also a Wikipedia article.

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