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Oil & Gas sector
Oil & Gas
Saudi Arabia cuts oil prices to Asia as market weakness persists
Global crude prices declined in 2023 for the first time since 2020.
January 07, 2024
Oil & Gas
LNG vessels begin to reroute away from Red Sea on rising tension
At least five ships have changed course since Friday away from waters off the coast of Yemen.
December 19, 2023
Oil & Gas
Global oil demand to reach its peak this decade, IEA says
The world will consume as much as 102 million barrels a day of oil by the late 2020s.
October 24, 2023
Oil & Gas
Russia lifts diesel-export ban that roiled global markets
The move will be a relief to importers after Russia slapped a near-total ban on deliveries Sept 21.
October 06, 2023
Oil & Gas
Singapore seeks growth in biofuels trade amid energy transition
Over 60 companies including Exxon Mobil Corp. and Repsol SA are trading biofuels from Singapore.
September 04, 2023
Oil & Gas
Sinopec eyes Shell’s historic Singapore oil refinery, sources say
“Our strategic review is ongoing and we are exploring several options including divestment,” says Shell.
August 24, 2023
Oil & Gas
UOB Kay Hian keeps ‘market weight’ call on oil & gas sector as RH Petrogas and Rex even out
Analyst Adrian Loh has kept "buy" on RH Petrogas and "sell" on Rex International.
July 27, 2023
Oil & Gas
Here's what Morgan Stanley to Goldman say about Saudi output cut
The cut may support prices in the short term, but the broad market dynamics remain practically unchanged: Morgan Stanley.
June 05, 2023
Oil & Gas
Dyna-Mac eyes growth and recurring income, mulls buybacks and higher payouts
With oil prices rising in the wake of the Ukraine war, demand for Dyna-Mac’s products and services is recovering strongly.
May 31, 2023
Oil & Gas
Rex International's subsidiary gets approval for oil and gas exploration in Norway
Rex International's subsidiary gets approval for oil and gas exploration in Norway
March 30, 2023