Tag: Oil
PETRONAS and Phoenix Petroleum Sign MoU for Downstream Marketing and Tech...
For the people of the Philippines, a new partnership between Petroliam Nasional Bhd (PETRONAS) and Phoenix Petroleum is set to bring about a change in...
Crude oil prices stay muted in 1H amid altered oil flows...
The ongoing conflict in Ukraine has left a lasting impact on the lives of individuals and communities, with the war altering crude oil flows and...
Oil prices climb after Opec+ keeps output cut targets, China eases...
For millions of people around the world, the cost of filling up a car, heating a home, or powering a business is once again in...
Boustead Plantations expects continued volatility in palm oil prices
For plantation workers and their families in Malaysia and Indonesia, the coming months may bring fresh uncertainty. Boustead Plantations Bhd, a major player in the...
Oil prices ease on symbolic OPEC+ output cut
For many drivers in the U.S., the recent drop in gasoline prices has been a welcome relief. As recession fears have driven down crude prices,...
Biden waiving the ethanol rule in a bid to lower gasoline...
For the people of Menlo, Iowa USA, the price at the pump has become a daily source of anxiety. With inflation at a 40-year high,...
Congress Votes to Suspend Russia Trade Status, Ban Oil
Congress voted overwhelmingly on April 8, 2022, to suspend normal trade relations with Russia and ban imports of Russian oil, escalating U.S. economic pressure on…
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
The lives of nearly 800,000 people in Guyana are about to change with the government's approval of ExxonMobil's $10 billion Yellowtail offshore oil and gas...
Ukraine Finds 410 Civilians Shot, Burned in Bucha
Ukrainian officials said Sunday that 410 civilians have been found shot, burned or bound in towns north of Kyiv only days after Russian troops withdrew…
Activists stage global climate protest, slam Ukraine war.
For 19-year-old Oleinikova, speaking out against the Russian government’s actions in Ukraine carries a daily risk of imprisonment. Yet, alongside fellow Russian activist Arshak Makichyan,...
Ukraine war drives the US, EU deal to undercut Russian energy
BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again. Especially apparent when...
Putin wants ‘unfriendly countries’ to pay rubles for gas.
For millions of people in Europe and the United States, the announcement by Russian President Vladimir Putin that "unfriendly countries" must pay for Russian natural...
UK inflation hits a 30-year high of 6.2% as Sunak readies...
For many households in the UK, the latest inflation figures are more than just a statistic - they represent a harsh reality of rising living...
High energy costs trigger unrest in parts of Europe.
MADRID Spain: High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers in cars and helicopters....
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
SYDNEY: Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors. Who is already worried...
