Chinese energy giant, Sinopec Group, is relocating nearly 40 per cent of its staff in its global exploration and production unit back to its headquarters, in a major...
Bursa Malaysia has approved Borneo Oil Bhd’s rights issue with free warrants, enabling it to raise RM223.39 million ($57.84 million) to expand its gold mining in...
Idemitsu Kosan and Showa Shell Sekiyu officially announced a basic agreement to integrate their management around 2016, the latest step in an extended shakeout poised to...
Malaysia’s SapuraKencana Petroleum Berhad, through its wholly-owned subsidiary SapuraKencana Brunei, formed a joint venture with Euthalia Energy Solutions and RSK...
Ecuador’s state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand’s state-run PTT under which the Andean country will receive a...
Amid an increasingly tense territorial dispute between the Philippines and China, an Australian-Filipino consortium is set to drill a new deepwater exploratory well in...
