Oil

BP, one of the world’s biggest oil companies, announced a second-quarter replacement cost loss of US$6.3 billion [...]

July 28, 2015 // 3 Comments

A subsidiary of Exxon Mobil Corp donated US$5 million on Monday to a North Dakota government housing fund that subsidizes [...]

July 28, 2015 // 2 Comments

Crude oil futures hit four-month lows on Monday after a steep drop in China’s stock markets sparked concern about the [...]

July 27, 2015 // 0 Comments

Iran is looking for US$85 billion in investment for its petrochemicals sector and aims to increase production by a third [...]

July 27, 2015 // 2 Comments

PETALING JAYA: Petroleum refineries are finding themselves in a sweet spot given that their raw material, crude oil, [...]

July 27, 2015 // 4 Comments

Despite falling oil prices, some are still maintaining their outlook for oil price to hover between US$50 to US$65 per [...]

July 24, 2015 // 2 Comments

Oil prices fell and US crude settled below US$50 a barrel yesterday after government data showed crude inventories in the [...]

July 23, 2015 // 3 Comments

UOP LLC, a Honeywell (NYSE: HON) company, announced today that China’s Ningxia Baota Chemical Fiber Co., Ltd. will use [...]

July 23, 2015 // 0 Comments

Mining giant BHP Billiton Wednesday reported an increase in iron ore output for the June quarter but a decline in gas [...]

Imagine parking your US$300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the [...]

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