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.
OSV operators set to gain as oil firms shift focus from West Asia
KUALA LUMPUR: The decision by oil companies to shift away from West Asia and support offshore crude oil exploration in Southeast Asia could potentially benefit offshore support vessel (OSV) operators.
How microgrids can build a climate-resilient future
A letter from PROF DATUK DR AHMAD IBRAHIM, Universiti Malaya/UCSI University
Goldman raises product forecasts on supply shock
CANBERRA: Goldman Sachs Group Inc raised its oil price forecasts for 2026 due to the prolonged disruption of flows through the Strait of Hormuz, which it described as the largest-ever supply shock for global crude markets.
Saudi crude keeps oil moving via Red Sea
RIYADH: Saudi Arabia had prepared and planned for the worst-case scenario for decades.
