Malaysia’s state energy major Petronas needs to slash thousands of jobs to survive beyond 2035. The headcount in ...

There are currently 89 companies qualified to bid in the permanent offer round, including state oil controlled Petrobras and ...

Siemens Energy has confirmed its forecast for the current 2024/25 financial year, following a robust first quarter with ...

South Africa’s Transnet National Ports Authority (TNPA) has signed a 25-year operator agreement with Zululand Energy ...

Sarawak premier Abang Johari Openg says there were still some 'grey areas' the parties must look into, but a resolution is in ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

In Brent crude oil’s instance, these reserves are under the seafloor, while WTI crude oil is extracted from reserves located under dry land. That’s the first component of oil prices — the extraction ...

OPEC's Secretary General Haitham al-Ghais emphasizes the importance of oil market stability for global economic growth and investment. He highlights OPEC+ unity in analyzing and balancing supply and ...