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NEW YORK: ConocoPhillips on Monday agreed to buy U.S. shale oil producer Concho Resources Inc for $9.7 billion, as the energy sector consolidates further on the back of lower fuel prices and demand.
AFTER a dip in headline inflation in August, the September Consumer Price Index (CPI) numbers will be watched closely. The Statistics Department is expected to release the CPI on Wednesday.
PETALING JAYA: The retail prices of both RON97 and RON95 petrol will increase by one sen to RM1.98 per litre and RM1.68 per litre respectively for the period between Oct 17 and Oct 23.
PETALING JAYA: Fuel prices for RON97 and RON95 will decrease four sen from Oct 10 to Oct 16, says the Finance Ministry.
SINGAPORE: Asian refineries’ profit margins for jet fuel have hit their highest levels in two months as demand for heating oil kerosene picked up before North Asia’s winter, but analysts do not expect margins to fully recover until the coronavirus-hit aviation sector is back to normal.
PETALING JAYA: Fuel prices for RON97 and RON95 will increase from Oct 3 to Oct 9, says the Finance Ministry.
PETALING JAYA: Fuel prices are up across the board from Sept 26 to Oct 2, says the Finance Ministry.
Tan Sri Shahril Shamsuddin, the president and CEO of Sapura Energy Bhd is retiring in March next year and will be replaced by Datuk Mohd Annuar Taib, the oil and gas company said on Monday.
KUALA LUMPUR: The Consumer Price Index (CPI) for August fell by 1.4% from a year, mainly due to lower transport and fuel prices but food prices continued to increase.