Borneo Oil to invest more in PahangJuly 6, 2015 // 5 CommentsKUCHING: Borneo Oil Bhd, which is expected to commence gold mining activities soon in a second area in Pahang, plans to [...]
Asian petrochemicals gather steamJuly 5, 2015 // 0 CommentsAlso, download this story from the electronic issue here The petrochemicals sector, a significant contributor to the [...]
BP reaches US$18.7 billion settlement over deadly 2010 spillJuly 3, 2015 // 1 CommentBP Plc will pay up to US$18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from [...]
Oil prices stabilise amid oversupply pressuresJuly 3, 2015 // 4 CommentsNEW YORK – Oil prices were little changed on Thursday (Jul 2), a day after precipitous falls, as traders worried about [...]
US oil settles up US$1.14, or 2%, at US$59.47 a barrelJuly 2, 2015 // 2 CommentsOil prices bounced from three-week lows in choppy trade on Tuesday as investors awaited a Greek debt default. U.S. crude [...]
Shell goes ahead with giant Gulf of Mexico field after cost cutsJuly 2, 2015 // 3 CommentsRoyal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making [...]
Arctic oil rig departs Seattle-area port despite protestJuly 1, 2015 // 5 CommentsSEATTLE – U.S. Coast Guard and police boats cleared a way through protesters in kayaks at a Seattle-area port on [...]
U.S. Rig Count Up for the First Time in Twenty Nine WeeksJune 30, 2015 // 6 CommentsIn its weekly release, Houston-based oilfield services’ company Baker Hughes Inc. (BHI – Analyst Report) reported a [...]
Rebels Recapture South Sudan’s Oil Hub MalakalJune 30, 2015 // 4 CommentsRebels in South Sudan recaptured the oil-pumping hub of Malakal, a setback to the embattled government’s effort to [...]
Malaysia, Ina record total trade of RM13.98b in Q1June 30, 2015 // 1 CommentKUCHING – Malaysia and Indonesia recorded total trade amounting to RM13.98 billion in the first quarter of this year, [...]