Major Japanese trading house Mitsui & Co is in talks to sell its London-based oil trading arm Arcadia to Norwegian shipping tycoon John Fredriksen, industry sources...
East Timor said it would consider a plan for gas from the Greater Sunrise field to be processed in Australia, a promising step in efforts to develop Timor Sea's biggest...
Singapore, which has some of the fastest growing oil demand in Asia, will make ultra-low sulphur diesel mandatory in the city-state from this December, the National...
A private Chinese oil firm plans to invest 1 billion yuan ($120 million) in a Russian refinery joint venture that will allow it to import around 2 million tonnes of oil...
Indonesia and Exxon Mobil have made progress in talks over the Cepu oil block on Java island, the government's chief negotiator...
East Timor will create a fund to manage billions of dollars in oil and gas revenues the nation is set to receive from...
Indonesia's state oil and gas company Pertamina is seeking a loan of between $500 million and $700 million from a syndicate of...
US energy firm Newfield Exploration Co has been awarded an exploration deal off Malaysia's east coast, its fourth in the country, state oil company Petroliam Nasional...
Malaysia has no plans to raise fuel prices even though world oil prices are at a record high, Economic Planning Minister Mustapa Mohamed said...
US energy company Pogo Producing Co said it had agreed to sell its Thailand oil and gas assets for $820 million in cash to Thailand's PTTEP Offshore Investment Co Ltd and...
Two US Congressmen have urged the Bush administration to thoroughly review any bid by China’s CNOOC Ltd to acquire Unocal Corp...
