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Trading saved European Big Oil from the full impact of this year’s oil crisis. It’s not the first time that massive profits from in-house trading desks ameliorated poor operating results from the core business of finding and producing hydrocarbons - and it won’t be the last.
PETALING JAYA: Sabah politicians must work to uplift the socio-economic of the people, instead of being "political frogs", says the National Patriots Association (Patriot).
HOUSTON, July 31 (Xinhua) -- The number of active drilling rigs in the United States was unchanged at 251 this week, down by 691 year on year, according to the weekly data released Friday by Houston-based oilfield services company Baker Hughes.
STEALING the limelight from the glove boys in recent weeks are pharmaceutical companies, namely Pharmaniaga Bhd and Duopharma Biotech Bhd.
In July alone, hackers took over the twitter accounts of US politicians, stole terrabytes of coronavirus research and even infiltrated the UK’s Premier League soccer clubs. Can they cut off your electricity, too?
KUALA LUMPUR: As construction activities pick up gradually following the easing of the lockdown, Gadang Holdings Bhd is expected to secure more contracts
LONDON: Royal Dutch Shell avoided its first quarterly loss in recent history helped by its trading business but announced nearly US$17bil in impairment charges reflecting its lowered short-term oil and gas price outlook.
BENGALURU: Oil producer Apache Corp and its joint venture partner Total SA said they made their third oil discovery offshore Suriname.
KUALA LUMPUR: Bursa Malaysia's FBM KLCI closed off the day's low on Thursday on some buying of key index stocks but concerns about the political environment were not quick to go away.