News & Events

Following three painful years of portfolio repositioning, cost cuts, and deferred projects, the offshore oil and gas industry is now more prepared to deliver projects and profits at lower costs…

Nuclear power is in crisis ‒ as even the most strident nuclear enthusiasts acknowledge ‒ and it is likely that a new era is fast emerging, writes Jim Green, editor of the Nuclear Monitor…

Asian state-owned oil companies—and taxpayers in the Asia-Pacific—are facing a potential bill of up to US$100 billion for the decommissioning of tens of thousands of oil wells drilled during the…

ABU DHABI: Abu Dhabi National Oil Co (Adnoc) received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25 per cent of…

Singapore’s central role in global LNG markets is unquestionable but the country’s long-term prospects faces huge challenges, says one oil and gas expert. SINGAPORE: About 95 per cent of Singapore’s…

National oil firm outlines ambitious growth plans for the next two decades Kuwait Petroleum Corp expects to spend over $500 billion as it boosts its crude oil production capacity to…

SINGAPORE (Feb 1): Economic confidence in Asia Pacific remained high relative to the past few years despite a dip in 4Q17 on the recent cooling of China’s economic activity, according…

Dubai: Banks in the United Arab Emirates are upbeat about 2018 with faster economic growth and higher interest rates set to boost earnings. Banks are expected to raise lending by…

Malaysia’s national oil company Petronas saw an increase in profit during the second quarter 2017 helped by higher prices across all products and cost cuts.  Petronas’ profit after tax for…

PETALING JAYA: Oil and gas (O&G) counters have gained much attention of late following the rise in oil prices. Since the new year began, O&G stocks that operate in the…