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Leaner Petronas to focus on select markets

CEO says its assets under constant review; major spending this year will be on Johor project

Mr Wan Zulkiflee: "No emotional attachment. If it (a portfolio) doesn't make money, it's a candidate for us to divest."

Kuala Lumpur

MALAYSIAN state energy firm Petronas will focus on a few select markets for expansion, its CEO told Reuters, as it positions itself as a leaner and meaner company for a medium-term period of relatively low oil prices.

Hurt by a slump in oil prices, Petroliam Nasional...