The PM was previously strongly against bailing out Sapura Energy, once one of the world's top oil and gas firms. Read more at ...

Conditional deal with Malaysia Development Holding states funds intended to settle liabilities with local contractors.

Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...

KUALA LUMPUR] Prime Minister Anwar Ibrahim said he had ordered an audit of Sapura Energy and a change of management before ...

Prime Minister Datuk Seri Anwar Ibrahim today defended the move to inject RM1.1 billion into Sapura Energy, saying this is to ...

The asset manager says MDH’s investment will catalyse economic growth and ensure the survival of Malaysian service providers ...

The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...

HI Mobility—controlled by Malaysian oil and gas tycoon Lim Han Weng—is raising $26.3 million from its IPO to add electric ...

UK supermajor Shell has flowed first oil from Phase 4 of its deepwater Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project in ...

Shell has begun production at Phase 4 of its Sabah deepwater oil project in Malaysian and Bruneian waters, it said on Friday.

Nigeria's top export products were dominated by crude oil and several agricultural goods. Here are the key highlights: ...