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Airbus raises 20-year market forecast in revamped format

LONDON: Airbus on Friday raised its forecast for aircraft demand over the next 20 years and shook up the way it predicts aircraft demand, introducing new categories from ‘Small’ to ‘Extra-Large’ and blurring the traditional boundaries between aircraft types.

MISC secures US$441mil long-term charter contracts from HESS

KUALA LUMPUR: MISC Bhd has secured a long-term charter contract worth US$441mil from Hess Exploration and Production Malaysia BV for the lease of a floating, storage and offloading facility (FSO) known as FSO Mekar Bergading on a bareboat basis.

US probe darkens Glencore's horizons from Africa to Americas

LONDON: The US corruption and money-laundering probe into Glencore Plc represents the sum of all fears for the world’s largest commodity trader and its billionaire chief executive officer, Ivan Glasenberg.

Affin Hwang positive on Velesto Naga 4 contract

Velesto Energy with an unchanged 12-month DCF-based target price of 35 sen following its receipt of a letter of award from ROC Oil (Sarawak).

Trading ideas: SCGM, Willowglen, Icon Offshore, GPacket

KUALA LUMPUR: SCGM Bhd, Willowglen MSC Bhd, Icon Offshore Bhd and Green Packet Bhd are among the stocks to watch, according to JF Apex Research.

Icon Offshore secures RM23m job from Hess Exploration

KUALA LUMPUR: Icon Offshore Bhd's unit has bagged a RM23mil contract to provide a utility vessel to Hess Exploration and Production Malaysia B.V.

Sapura Energy shares most traded after discovery

PETALING JAYA: Shares of Sapura Energy Bhd was the most traded stock yesterday on news that it had discovered its ninth gas well in offshore Sarawak.

Unemployed threaten Libya oilfields feeding Es Sider; production normal

BENGHAZI, Libya (Reuters) - A group of unemployed Libyan youths will shut down oilfields in Marada town in the east unless demands for better state services are met, the group said on Sunday.

A steady flow of political royal blood to Congress

SATURDAY’S wedding of Prince Harry and Meghan Markle created another surge of American royal mania, and with a particular twist – besotted chatter about their offspring someday running for Congress, or even president, while remaining in the line of succession to the British throne.

In the oil patch, bigger is no longer better

Investors grow leery of free-spending energy firms, like discipline of ConocoPhillips