Oil

Shell has been granted a permit to start drilling in the Artic Ocean. The Interior Department gave conditional approval in [...]

KUALA LUMPUR: Oil stocks and Tenaga are losing due to the weakened Ringgit. This has pushed FBM KLCI down more than 24 [...]

Oil and gas companies have been hard hit by the fall in the equities market and the ringgit, forcing some to scale back its [...]

The decline in global crude oil prices is making Thailand’s PTT Global Chemical PCL reduce its export of naphtha and using [...]

Iran expects a boom in petrochemicals export after sanctions are lifted in Sanctions against Iran, due to be lifted in [...]

Petroliam Nasional Bhd (Petronas) president and group CEO Datuk Wan Zulkiflee Wan Ariffin has announced that there will only [...]

Abu Dhabi National Energy, also known as Taqa, has reduced its jobs by 22% amid a shrink of oil prices. It plans to cut [...]

Yemen Pro-Government forces are gaining momentum as they take Al Anad Air Base, north of Aden. This eases their logistics [...]

Weaker Chinese Yuan and higher Iranian oil production has sunk the price of oil to its lowest in 6 years. The price of oil [...]

Oil production by OPEC member countries is at a three-year high despite falling oil prices. The price of oil is below US$50 [...]