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ConocoPhillips, Eastman Chemical To Invest $5.35 Billion In Malaysia - Report

KUALA LUMPUR -(Dow Jones)- ConocoPhillips (COP) is expected to make an additional $5 billion investment to ramp up its operations in Malaysia, the New Straits Times daily reported Saturday citing Malaysia's Prime Minister Najib Razak. The oil giant had invested $1.5 billion so far in three deepwater blocks offshore of Sabah state where production will start next year and hit a peak of 300,000 barrels of oil a day by 2016, the daily reported. The paper also reported that Eastman Chemical Co. (EMN) is looking to increase its investment by $350 million on its polyester plastics plant in Pahang state. Newspaper website: http://www.nst.com.my -By Kuala Lumpur bureau; Dow Jones Newswires; 603-2026-1233; djnews.kldowjones.com

Stock News for Conocophillips (COP)
DateTimeHeadline
04/10/201412:49:51ConocoPhillips Raises Estimates for Eagle Ford Assets
04/04/201412:38:13North Sea Crude Loadings to Drop During May Maintenance
02/14/201417:53:37Berkshire Reports New Position of 2.95 Million Shares of Liberty...
01/30/201413:24:09MARKET SNAPSHOT: U.S. Stocks Rally; Nasdaq Up 2%
01/30/201412:01:45MARKET SNAPSHOT: U.S. Stocks Open Higher On Upbeat GDP
01/30/201408:30:28ConocoPhillips Profit Rises on Asset-Sale Gains
01/29/201409:39:35Phillips 66 4th-Quarter Profit Rises 17%
01/26/201408:16:39MARKET SNAPSHOT: Stock Investors Trash Market Darlings, Face...
01/24/201414:19:21Apple, Google, Exxon, Ford to Report -- Week Ahead
01/15/201420:14:30Alaska to Invest in Natural Gas Project
01/02/201422:50:33Aurora Oil & Gas Expects 47% Jump in 2014 Output
12/18/201304:20:05BP Announces Significant Discovery in Gulf of Mexico
12/18/201303:04:56BP Announces Significant Discovery in Deepwater US Gulf of Mexico
12/11/201308:59:26North Sea Oil Output Seen 4% Lower in January Than December
11/27/201322:50:35Pertamina Buys ConocoPhillips' Algeria Assets
11/27/201322:25:10Pertamina Completes $1.75 Billion Purchase of ConocoPhillips...
11/26/201304:42:133Legs Resources Agrees New 2013-14 Work Program With ConocoPhillips
11/20/201310:44:19BG Group Reports Start of Production from Jasmine Field, North...
11/15/201308:12:57Fidelity Management & Research Co. 3Q 13F: -2-
11/15/201308:12:57Fidelity Management & Research Co. 3Q 13F: Holdings As Of Sep...

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