Mahathir warns against threat of oil oligopoliesMalaysia, Indonesia said to be considering partnerships in pipeline, offshore developments by The Associated Press
Prime Minister Mahathir Mohamad said May 29 that mergers among the world’s petroleum giants were creating oil oligopolies which threatened to “gobble up” small national oil companies.
“The wave of mega-mergers has and will inevitably change the structure of business with a few of these newly create....
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