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AFRICA

The Problems Pile Up for Petronas

Fifteen years after its much heralded debut in Africa, Malaysia’s national oil company Petronas has hit a prolonged unlucky streak on the continent and has sold off all of its assets in Ethiopia. The company’s new managing director, Shamsul Azhar [...] (705 words)
Published on 13/10/2010 at 10:00 GMT Reading time 3 minutes
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