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KrisEnergy trims loss to US$41m, writes down Thai assets

Published Thu, Feb 25, 2016 · 09:50 PM

Singapore

UPSTREAM Asian oil and gas explorer KrisEnergy said on Thursday it will defer exploration spending until oil prices improve, as the company announced its full-year results that included a write-down of its Thai producing assets.

Capital expenditure will be just US$50.8 million in 2016, the lowest level since the com…

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Companies & Markets

Companies & Markets

KrisEnergy trims loss to US$41m, writes down Thai assets

Companies & Markets

Anglo American says it received unsolicited buyout proposal from BHP

TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel

Meta profits soar but costs of AI cause worry

IBM falls on weak consulting sales, overshadowing HashiCorp deal

Oil settles lower as US business activity cools, concerns over Middle East ease

Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost

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