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  1. Energy firms seek to grow amid slump

    Posted Feb 02nd 2009, 12:00am by Eric Ng

    ... or escalating tensions in the Middle East.' The global credit crunch and the ensuing economic slump have squeezed oil companies' bottom lines and forced them to cut back on output, exploration ... helping to stabilise share prices in the energy space,' Mr Kwan said. But even with low oil prices, the acquisition trail would not be easy, said Kim Eng Securities analyst Larry Grace. ...

    http://www.scmp.com/article/668618/energy-firms-seek-grow-amid-slump

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