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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
07/11/201408:30:35North Sea Maintenance Means August Crude-Oil Loadings to Fall...
07/10/201410:30:19ConocoPhillips Raises Quarterly Dividend
07/10/201410:10:05ConocoPhillips Raises Quarterly Dividend 5.8%
07/10/201408:10:08Empyrean Shares Rise On Strategic Review, Possible Sale
06/10/201416:31:54BP Launches Drone Program in Alaska
06/09/201406:56:05North Sea BFOE Crude-Oil Loading Programs to Rise 4.5% in July
06/02/201407:08:12Marathon Oil Sells Norwegian Operations for $2.1 Billion -- 2nd...
05/28/201409:56:46Teekay Tankers Appoints Phillips 66 Executive as New CEO
05/08/201410:36:26North Sea BFOE Crude-Oil Loading Programs to Rise 10% in June
05/01/201416:47:14MARKET SNAPSHOT: U.S. Stocks Slip Before Jobs; Nasdaq Defies...
05/01/201414:37:50MARKET SNAPSHOT: U.S. Stocks Search For Direction In Choppy Trade
05/01/201412:04:37ConocoPhillips Revenue Rises on Higher Gas Prices -- Update
05/01/201410:42:21MARKET SNAPSHOT: U.S. Stocks Edge Lower After ISM, Construction...
05/01/201410:09:13MARKET SNAPSHOT: U.S. Stocks Edge Higher; Yelp Rallies
05/01/201410:06:33MARKET SNAPSHOT: U.S. Stocks Edge Higher; Yelp, Exxon Rally
05/01/201408:10:21ConocoPhillips Profit Down, but Revenue Buoyed by Gas Prices
04/28/201416:53:22MARKET SNAPSHOT: Market Leaders Energy, Utilities Face Earnings...
04/27/201406:17:33MARKET SNAPSHOT: Energy, Utilities Companies Face Earnings Tests
04/10/201412:49:51ConocoPhillips Raises Estimates for Eagle Ford Assets
04/04/201412:38:13North Sea Crude Loadings to Drop During May Maintenance

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