MARKETS

Repsol spins off SEAsian assets to local

SPAIN’S Repsol has confirmed it will spin off its shares in a series of offshore Malaysia blocks to local oil company Hibiscus Petroleum and include a share in one Vietnam block in the deal.

Helen Clark

Turns its attention to Indonesia

The company has said it is part of a move to streamline operations and focus on core assets as it also transitions to lower carbon energy production. The assets represent around 2% of Repsol production. ...

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