Energy & Mining
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Malaysia’s Petronas signs the first Canadian-indexed LNG deal.
SINGAPORE, May 7, 2021: Malaysia’s state-owned Petroleum Nassil Bhad said on Friday that it had used Canada’s pricing…
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Indonesia’s Budget Hit Hard by Plummeting Oil Prices Worldwide
JAKARTA — Finance Minister Sri Mulyani has delivered a stark assessment of the country’s fiscal outlook as global…
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Indonesia set to surge oil imports as global crude prices plunge
Indonesia will ramp up crude imports after Brent collapsed to $26.17 on 19 March, the lowest since 2003,…
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Indonesia to Boost Crude Imports Amid Low Global Oil Prices
Indonesia has announced plans to increase its crude oil imports following a dramatic drop in global prices. Brent…
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Oil price plunges as Saudi Arabia retaliates with Russia
The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which…
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Saudi Price War Triggers 22% Oil Plunge in Single Day
Brent crude lost more than a fifth of its value in a single day. That is not a…
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Norwegian oil giant cancels plan to drill in Great Australian Bight
Equinor, a Norwegian multinational energy company, announced that it has abandoned its plan to drill for oil in…
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Equinor Cancels Oil Drilling Plans in Great Australian Bight Suddenly
On February 25 2020, Equinor, the Norwegian oil and gas company, announced that it would not proceed with…
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OPEC Holds Emergency Meeting on Coronavirus Oil Threat
Vienna, February 4, 2020 — infopulsetoday.com — The global oil market is staring at a demand collapse that…
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OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier…
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OPEC Rushes Emergency Meeting as Virus Threatens Oil Markets
The Organization of the Petroleum Exporting Countries, together with its ally Russia, has rescheduled its next gathering to…
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OPEC Rushes Vienna Talks as Virus Slashes Oil Demand
Global Oil Markets Face Uncertainty as OPEC Accelerates Emergency Session The Organization of the Petroleum Exporting Countries, along…
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Volcano eruption won’t hit Philippines GDP, says Economist
The National Economic and Development Authority (NEDA) of the Philippines said that the economic impact of Taal Volcano’s…
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Saudi Minister Pledges 9M+ Barrels Daily Output
Saudi Arabia, January 14, 2020 — cyberinktimes.com — Prince Abdulaziz bin Salman stood before the International Petroleum Technology…
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Volcanic Ash Threatens Gas Turbines at Batangas Power Plants
BATANGAS, Philippines — The immediate danger from Taal Volcano’s eruption extends beyond heat and lava. According to First…
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Saudi maintains stable oil supply amid growing tensions
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said they are taking significant measures to sustain oil market…
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Saudi Arabia Vows to Maintain Oil Production Amid Rising Tensions
On 14 January 2020, Saudi Energy Minister Prince Abdulaziz bin Salman told delegates at the International Petroleum Technology…
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Iran Missiles Hit Iraq Bases, Oil Surges 4.5%
Iraq, January 8, 2020 — infopulsetoday.com — Iran’s ballistic missiles slammed into two Iraqi bases hosting American troops…
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Bushfire Smoke Drains Australia Economy $500M
Australia, January 8, 2020 — cybernewschronicle.com — The smoke that has choked Australia’s east coast for weeks is…
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Prices of crude oil soar after Iran’s missile attacks on US forces
The prices of crude oil increased to $65.65 equivalent to 4.5% per barrel in Asian trade while global…
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Oil Prices Surge After Soleimani Killing, Strait Concerns
The spike in oil prices after the killing of Iranian General Qasem Soleimani was felt first at the…
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Bank of England Launches Climate Change Stress Tests on Finances
The Bank of England is moving beyond traditional financial safeguards and asking Britain’s largest banks and insurers to…
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