AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of Energas Insurance (L) Limited (ENERGAS) (Malaysia). The outlook of ...

The investigation is linked to claims made in 2018 when the company was known as Sapura Kencana Petroleum Berhad.

Petronas has initiated a process to sell its stake in the La Amarga Chica joint venture, potentially exiting Argentina's Vaca ...

Raymond James Financial Inc. bought a new stake in Hess Co. (NYSE:HES – Free Report) during the fourth quarter, according to ...

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

Limited oil market losses were "suggesting that a recession is not in the cards," Phil Flynn of the Price Futures Group says in a note. Oil was also helped by Energy Secretary Chris Wright's comments ...

We recently published an article titled Top 12 Stocks to Buy According to Citadel Investment Group. In this article, we are ...

Gumusut-Kakap, Shell’s first deep-water project in Malaysia, lies at a depth of 1,200m and began production in 2014. Shell ...

Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, has produced first oil from Phase 4 of the ...

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

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

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