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Economy 17 Nov 2017 | 12:00 AM

Norway’s wealth fund wants out of oil and gas stocks

OSLO: Norway’s US$1 trillion sovereign wealth fund proposed dumping about US$35bil in oil and gas stocks, including Royal Dutch Shell Plc and Exxon Mobil Corp, to protect the economy of western Europe’s biggest petroleum producer.

Business 04 Oct 2017 | 12:00 AM

Saudi Arabia looks at buying oil and gas assets in Russia

KUWAIT: Saudi Arabia is looking at unprecedented deals to acquire oil and gas assets in Russia, deepening ties between the world’s largest energy exporters as the Saudi king prepares to visit Moscow later this week.

Corporate News 20 Jan 2017 | 1:13 AM

UMW jumps after planned exit from oil and gas business

KUALA LUMPUR: Shares of UMW Holdings jumped to a high of RM4.93 early Friday after it announced its plans to exit the oil and gas business but UMW Oil and Gas Corporation (UMW-OG) slumped.

Business 28 Dec 2013 | 12:00 AM

Party continues in oil and gas

WHAT’S in store for 2014 in the oil and gas sector? A continuation of the party in 2013, that’s what!

Business 27 Jan 2004 | 12:00 AM

Ranhill believed close to buying major oil and gas firm

ENGINEERING group Ranhill Bhd, which has aspirations to become a global oil and gas player, is close to acquiring a major company in that sector, according to sources.

Business 10 Aug 2007 | 12:00 AM

Japanese oil company finds oil and gas in Malaysia

Nippon Oil Corp of Japan says it found a new offshore oil and gas deposit near Malaysia's Helang field

Business 17 Sep 2003 | 12:00 AM

Oil and gas counters extend their sizzling run

OIL and gas stocks continued their sizzling run-up yesterday with Scomi Group Bhd, Crest Petroleum Bhd and Petra Perdana Bhd recording the best gains of the day.

Business 23 Sep 2003 | 12:00 AM

Some oil and gas company profiles and prospects

Some oil and gas company profiles and prospects, including Crest, Scomi, Trenergy, Sime Petra and Wah Seong.

Business 27 Sep 2003 | 12:00 AM

Water stocks outdo rally in oil and gas counters

IT is said that oil and water don't mix but stocks involved in basically any aspect of the water industry have seen a run-up in recent weeks akin to that of the spectacular bull run involving the oil and gas counters.

Business 14 Jul 2006 | 12:00 AM

Boost for oil and gas firms

Oil and gas service companies such as Petronas Gas Bhd, SapuraCrest Petroleum Bhd and Wah Seong Corp Bhd are set to benefit from Petroliam Nasional Bhd's (Petronas) plan to embark on a Sabah oil and gas terminal project together with its production sharing contractor partners.