(Aug 7): Two weeks ago, the usually quiet Petroliam Nasional (Petronas) made two significant announcements. The first, made early on the morning of July 26, said the national oil company was putting on hold plans for the development of a US$29 billion ($39.3 billion) gas facility on Lelu Island, British Columbia, Canada. It had been grappling with the plans for five years or so.

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