Advertisement
Singapore markets closed

  • Straits Times Index

    3,269.57
    +44.40 (+1.38%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • Dow

    38,239.98
    +253.58 (+0.67%)
     

  • Nasdaq

    15,451.31
    +169.30 (+1.11%)
     

  • Bitcoin USD

    66,245.06
    +205.05 (+0.31%)
     

  • CMC Crypto 200

    1,394.60
    -20.16 (-1.43%)
     

  • FTSE 100

    8,047.75
    +23.88 (+0.30%)
     

  • Gold

    2,316.10
    -30.30 (-1.29%)
     

  • Crude Oil

    82.33
    +0.43 (+0.53%)
     

  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     

  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     

  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     

  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     

  • Jakarta Composite Index

    7,110.81
    +36.99 (+0.52%)
     

  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

BRIEF-Rh Petrogas Says Unit To Relinquish Working Interest In Fuyu 1 Production Contract

Reuters SG

March 8 (Reuters) - Rh Petrogas Ltd:

* UNIT NOTIFIES CHINA NATIONAL PETROLEUM CORPORATION OF INTENTION TO RELINQUISH WORKING INTEREST IN FUYU 1 PRODUCTION SHARING CONTRACT

* VOLATILE OIL PRICES CONTINUE TO POSE SIGNIFICANT CHALLENGES TO GROUP'S ABILITY TO SECURE REQUIRED FUNDING AND TO MOVE FORWARD ON PROJECT

* GROUP WILL CONTINUE TO INCUR OFFICE AND ADMINISTRATIVE COSTS AT BLOCK UNTIL FULL RELINQUISHMENT OF FUYU BLOCK BEFORE YEAR END Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)