News Snapshot:
- A + A KUALA LUMPUR (March 7): Rising demand for hydrocarbons will likely expand revenues and margins for national oil companies (NOCs), including Petroliam Nasional Bhd (Petronas), Thailand's PTT Public Co Ltd and India's Oil and Natural Gas Corp Ltd. (ONGC), said S&P Global Ratings. In a statement on Monday (March 7), the rating agency said Indonesia's PT Pertamina (Persero), on the other hand, will face mounting earnings pressure because it won't likely be able to fully pass through higher oil prices. S&P said Europe is likely to look to Asia to bridge any potential supply gap from Russian...
