Oil slides as Middle East uncertainty keeps markets on edge
SINGAPORE: Oil tumbled more than 3% on Wednesday, reversing earlier gains as persistent Middle East volatility unnerved markets even amid reports the U.S.-Israeli war with Iran could be winding down.
PETRONAS seeks to bring forward first CO2 injection at Kasawari to 2027
KUALA LUMPUR: PETRONAS is looking to bring forward the first carbon dioxide (CO2) injection for its carbon capture and storage (CCS) project at the Kasawari gas field, offshore Sarawak, to as early as 2027.
Global geopolitical tensions to keep energy security in focus
Energy security will remain paramount as the global energy system comes under increasing strain from escalating geopolitical tensions in West Asia, says Petroliam Nasional Bhd.
At 'Davos of energy', AI looks to gas to power its rapid expansion
Natural gas took centre stage this week at the world's largest energy conference, as major market players discussed how to power the rise of artificial intelligence.
PETRONAS denies involvement in reported Philippine fuel supply deal
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) has denied any involvement in a reported fuel supply deal involving a local government unit in the Philippines.
Oil prices climb as investors reassess Middle East ceasefire prospects
TOKYO: Oil prices climbed on Thursday, recovering some of the previous day's losses as investors reexamined prospects for de-escalation in the Middle East as Iran said it was still reviewing a U.S. proposal to end the war, which has disrupted energy flows.
Energy shocks will slow climate action, says BHP
Ongoing energy disruptions will set back efforts to curb greenhouse gas emissions as nations prioritise supply security, according to one of the most senior executives at the world's top mining company, BHP Group.
Oil prices drop on prospect of Middle East ceasefire easing supply disruption
Oil prices fell around 4% on Wednesday on the prospect of a possible ceasefire easing supply disruptions from the key Middle East producing region after reports the U.S. sent Iran a 15-point plan to end the war between them.
Supply fears to keep energy prices up
The damage to key energy infrastructure in the Middle East from the ongoing conflict there and the closure of the Strait of Hormuz to vessels will support current higher prices for crude oil and gas, MBSB Research says.
Oil rises as markets assess supply risk after Iran denies US talks
SINGAPORE: Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S. President Donald Trump who said a deal could be reached soon.
