Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Tag
Oil
Business
Saudi oil giant Aramco reports $26.9 billion profit in third quarter, beating expectations
Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices…
Business
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger…
Business
Stocks to watch: Keppel, Wee Hur, NetLink NBN Trust, Elite UK Reit, China Aviation Oil
The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 4): Source link
News
Hedge funds flee bearish oil bets after US sanctions Russia
Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil…
Fashion
Oil ends slightly up, trade choppy on report, denial of US attack plan on Venezuela
Oil prices settled slightly higher after a wild trading session on Friday (Oct 31), popping up as media reports said US air strikes on…
News
Just Stop Oil activists cleared over Stonehenge protest
Three Just Stop Oil activists who sprayed Stonehenge with orange powder have been cleared of causing a public nuisance. Rajan Naidu, 74,…
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
DBS re-initiates China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Lifestyle
EXCLUSIVE: Nara Smith Teams With Algae Cooking Club on Limited-edition Roasted Garlic Oil
Nara Smith is putting her culinary expertise to work. The model and creator known for her in-depth, homemade cooking content, where she…
News
Oil settles lower as Opec plans to increase oil output
Eight Opec+ nations are leaning towards making another modest increase in oil output for December Oil prices settled marginally lower on…
News
North Sea oil and gas firm Petrofac files for administration
Energy services firm Petrofac has filed for administration. The company, which employs about 2,000 people in Scotland, said its North Sea…
News
Oil slips on scepticism about US commitment to Russian oil sanctions
Oil prices fell on Friday (Oct 24) as scepticism crept into the market about the Trump administration’s commitment to sanctions on…
News
Ukraine allies pledge to 'take Russian oil and gas off global market'
Jaroslav Lukiv and Vitaliy Shevchenko,Russia editor at Downing Street More than 20 nations supporting Ukraine have pledged to "take…
News
Putin defiant after Trump sanctions Russian oil majors over Ukraine
Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with…
News
Americans may pay more at the pump after sanctions on Russian oil companies
Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President…
News
Trump administration sanctions Russian oil giants to pressure Putin to end Ukraine war
President Donald Trump’s administration announced Wednesday new “massive sanctions” against Russia’s oil industry that are aimed at moving…
News
US sanctions Russian oil companies after failed Putin talks
Bernd Debusmann Jr,at the White House and Max Matza 'It was time', says Trump on increase in Russia sanctions The US has announced new…
News
US sanctions Russian oil companies as Moscow holds nuclear drills
The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward…
News
U.S. hits two Russian oil companies with sanctions for Moscow's failure to end the Ukraine war
The Trump administration slapped sanctions on two of Russia's largest oil companies Wednesday, citing the country's "lack of serious…
Business
Brazil green-lights oil drilling near mouth of Amazon River ahead of U.N. climate summit
Brazil's government approved on Monday exploratory drilling by state-run oil-giant Petrobras near the mouth of the Amazon River. The…
News
Oil set for weekly loss as global conflicts ease, signs of glut emerge
Oil prices managed small gains on Friday (Oct 17) but were headed for a weekly loss of nearly 3 per cent after the IEA forecast a growing…
News
India already cutting Russian oil imports by 50% after US talks, White House official says
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50 per cent,…
News
India casts doubt on Donald Trump's claim Narendra Modi will stop buying Russian oil
India's foreign ministry has said it is "not aware" of a phone call in which US President Donald Trump claimed Indian Prime Minister…