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NEW YORK: Oil prices fell on Friday and posted a second consecutive monthly drop as rising COVID-19 cases in Europe and the United States heightened concerns over the outlook for fuel consumption.
RENEWED lockdowns globally, with the sharp rise in Covid-19 cases, are casting a dark cloud over the oil and gas (O &G) industry.
HOUSTON (Reuters) - US oil giants Chevron Corp and Exxon Mobil Inc cut spending aggressively in the third quarter in a race to beat weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.
KUALA LUMPUR (Bernama) -- MISC Bhd hopes to capitalise on its new very large ethane carrier (VLEC), Seri Everest, and set a new benchmark in the ethane market, said president and group chief executive officer Yee Yang Chien.
KUALA LUMPUR (Bernama) -- Axiata Group Bhd has announced the appointment of former Malaysian Communications and Multimedia Commission (MCMC) chairman Tan Sri Dr Halim Shafie as an independent director effective Nov 1.
KUALA LUMPUR: Selling pressure picked up pace in the afternoon on Friday, with Public Bank, Top Glove and Tenaga Nasional among the bigger losers as the FBM KLCI fell to the lowest in five months.
KUALA LUMPUR: Bursa Malaysia slipped deeper into the red in late afternoon trade on Friday with over 1,000 counters falling, tracking the falls in key Asian markets on worries about the outlook for tech giants.
KUALA LUMPUR: Yinson Holdings Bhd's floating production, storage and offloading (FPSO) vessel, FPSO Abigail-Joseph, achieved the delivery of first oil for production off Nigeria.
JAKARTA: The United States has praised the Indonesian government’s effort in addressing the issues of regulatory roadblocks, corruption and non-transparency in the business sector as it seeks to strengthen economic ties with the archipelagic country.