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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
07/24/201513:21:23Initial Statement of Beneficial Ownership (3)
07/19/201519:44:11Sales of Bonds With Floating Rates Sink
07/16/201517:30:09ConocoPhillips Boosts Dividend, Cuts Deepwater Spending
07/16/201517:23:07ConocoPhillips Increases Dividend But Cuts Deepwater Spending
07/16/201516:15:00ConocoPhillips Announces Dividend Increase and Reductions in...
07/16/201509:20:00Independent Oil and Gas Industry Equities Technical Analysis...
07/13/201511:07:02Could ConocoPhillips' Stock Really Be Worth $82 Per Share?
07/09/201515:00:00ConocoPhillips to Hold Second-Quarter Conference Call on Thursday...
07/09/201510:38:27Correction to Seplat, Niger Delta story
07/09/201505:10:28Seplat Presses Ahead With Possible Niger Delta Acquisition
07/06/201510:05:025 Stocks to Watch in Commodities
07/02/201512:08:03Statement of Changes in Beneficial Ownership (4)
07/02/201512:03:55Statement of Changes in Beneficial Ownership (4)
07/02/201512:00:58Statement of Changes in Beneficial Ownership (4)
07/02/201511:59:13Statement of Changes in Beneficial Ownership (4)
06/30/201517:02:03A Look at What's Fueling ConocoPhillips' Big Shift
06/23/201514:21:07Annual Report of Employee Stock Plans (11-k)
06/17/201514:00:023 Stock Market Tips for Investing in Oil
06/12/201502:55:11Canadian Oil-Sands Operations Resume After Forest-Fire-Related...
06/11/201512:26:3410 Most Profitable Businesses in Texas

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