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oil-production

Oil prices soar after output cut
Markets 2 years ago

Oil prices soar after output cut

Oil prices soared almost six percent in Asian trade Monday morning after major producers led by Saud...
Energy ministry inks cost-recovery PSCs for two blocks
Companies 2 years ago

PREMIUM
Energy ministry inks cost-recovery PSCs for two blocks

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed production-sharing contracts (...
Asian shares rise, oil extends gains after OPEC+ deal
Markets 2 years ago

Asian shares rise, oil extends gains after OPEC+ deal

Asian shares were cautiously higher on Thursday, while the dollar eased ahead of US non-farm payroll...
OPEC+ to meet amid economic downturn fears
Markets 2 years ago

OPEC+ to meet amid economic downturn fears

Faced with recession fears, the OPEC+ countries are expected to agree a modest increase in oil produ...
Indonesia may miss oil-lifting target in 2022: SKK Migas
Markets 2 years ago

Indonesia may miss oil-lifting target in 2022: SKK Migas

Indonesia may miss this year’s oil-output target due to project delays, an official at the Ups...
OPEC+ expected to stay course on oil output boost
Markets 3 years ago

OPEC+ expected to stay course on oil output boost

Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided out...
Saudi Aramco becomes world's most valuable company
Companies 3 years ago

Saudi Aramco becomes world's most valuable company

Saudi Aramco has dethroned Apple as the world's most valuable company as surging oil prices drov...
Japan presses UAE to pump more oil as Ukraine war spikes prices
Asia & Pacific 3 years ago

Japan presses UAE to pump more oil as Ukraine war spikes prices

The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officia...
Top oil producers eye modest output boost as prices surge
Markets 3 years ago

Top oil producers eye modest output boost as prices surge

The 23 members of the OPEC+ oil cartel, who meet on Wednesday, are expected to stick to their guns a...
Oil output could plummet 87% by 2040: National Energy Board
Business 3 years ago

PREMIUM
Oil output could plummet 87% by 2040: National Energy Board

A drastic drop in production is expected over the coming decades unless decisive action is taken, wh...
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