Oil

Hibiscus Petroleum Bhd will purchase a 50 % stake in Anasuria Cluster oil and gas fields. The deal amounts to US$52.5mil [...]

The June quarter for Petronas Dagangan Bhd ended with earnings of RM273.21mil or a 47.2% from last year. The jump is due to [...]

A company associated with BP’s Deepwater Horizon which was involved in an oil spill totalling to over 4 million barrels in [...]

The price of oil has fallen to US$45.15 per barrel, the lowest since March 19 this year, due to the falloff demand for motor [...]

Industries Qatar (IQ) has seen QR2.4 billion in profit for the first six months of this year. IQ saw a 55% increase in net [...]

Soma Oil and Gas, which is chaired by Lord Howard of the Conservative party, was involved in a transaction with a Somali [...]

Brent crude dipped to a six-month low of US$50 a barrel on Monday. It sank by 4 % or US$1.95 to settle at US$45.17 a barrel, [...]

In order to remain strog despite the slump in oil price, Malaysian oil company Petronas has decided to shelve 14 out of its [...]