Oil prices ease 3% on optimism for Qatari-led talks on ending Iran war
SINGAPORE: Oil prices slipped more than 3% on Monday after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli war on Iran.
PETRONAS, partners sign agreements for integrated development of Sarawak gas fields
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS), through its wholly owned subsidiary PETRONAS Carigali Sdn Bhd, has entered into a series of farm-out agreements (FOAs) with TotalEnergies, Kuwait Foreign Petroleum Exploration Company (KUFPEC) and PTTEP for the integrated development of the SK410B Lang Lebah and B14 gas fields offshore Sarawak.
Big oil grapples with how to spend its windfall profits
NEW YORK: Awash in cash after their third-highest quarterly earnings on record, the world's largest oil companies are uncharacteristically wary about how to spend it.
Oil set for fourth monthly gain as Hormuz tanker attack highlights supply risks from war
SINGAPORE: Oil prices rose on Friday - set for a fourth monthly gain - as an attack on a tanker in the Strait of Hormuz highlighted the continuing supply risks from the US-Israeli war on Iran, which has entered its eighth month.
UAE to ship 30 million crude oil barrels to Indonesia
The United Arab Emirates (UAE) is going to ship 30 million barrels of crude to Indonesia as the government scrambles to secure supplies amid spiking demands for subsidised fuels.
Vietnam faces hurdles in securing reliable, affordable energy supply
Vietnam faces the challenge of securing a reliable and affordable energy supply to sustain faster economic growth while cutting emissions and reducing exposure to global market disruptions.
Oil up over US$2 as Saudi Arabian refinery attack reignites supply risk concerns
SINGAPORE: Oil prices rose by more than $2 on Wednesday after an attack on a refinery in Saudi Arabia, the world's top crude exporter, renewed concerns about supply risks because of conflicts in the Middle East.
Malaysia calls for stronger global cooperation to ensure gas supply security
KUALA LUMPUR: Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.
New energy to power green transition
CHINA's combined installed capacity of wind and solar power broke through the 2-billion-kilowatt mark by the end of September, marking a historic new stage in the country's renewable energy development and further consolidating the dominant position of green energy in the nation's power structure, said industry experts.
TNB pledges one-year grid connection for approved DCs
Tenaga Nasional Bhd (TNB) has pledged to connect approved data centres (DCs) to the electricity grid within one year, as Malaysia strengthens its domestic network to keep pace with rising power demand and regional electricity connectivity.
