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Energy 29 Sep 2020 | 7:00 AM

Philippines’ Udenna eyes Shell’s Malampaya gas stake, seeks tie-up

MANILA: Philippine oil and shipping group Udenna Corp expressed interest in acquiring Royal Dutch Shell PLC’s 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Co (PNOC).

World 27 Sep 2020 | 3:42 PM

Armenia-Azerbaijan clashes kill at least 16, undermine regional stability

YEREVAN/BAKU (Reuters) - At least 16 military members and several civilians were killed on Sunday in the heaviest clashes between Armenia and Azerbaijan since 2016, reigniting concern about stability in the South Caucasus, a corridor for pipelines carrying oil and gas to world markets.

World 25 Sep 2020 | 12:33 AM

1st LD-Writethru-China Focus: China launches new free trade zones for greater opening-up, high-quality development

BEIJING, Sept. 24 (Xinhua) -- China on Thursday officially opened three new pilot free trade zones (FTZs) and expanded one as it seeks greater opening-up and high-quality development.

World 24 Sep 2020 | 6:42 PM

Fire-hit supertanker owner to pay £1.4 million for Sri Lanka's help

COLOMBO/NEW DELHI (Reuters) - The owners the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard has agreed to pay 340 million rupees (£1.44 million) to Sri Lanka for its help in extinguishing the blaze and averting disaster.