Why Brunei Is Key To India’s Act East Policy, What Do We Know About The Tiny Oil-Rich Country?
Oil executives face gloomy reality at APPEC 2023 amid China’s economic slowdown
Top oil executives in Singapore face a grim outlook as China’s economic slowdown and changing energy dynamics affect profits. Processing margins have declined, and OPEC’s supply adjustments haven’t stabilized prices, leading to bearish sentiment among traders and analysts.
Beach Energy shares plummet as Enterprise gas field reserves slashed
The downgrade of the size of the gas field on Victoria’s coast has shaken the market, with analysts worried about other new projects.
Canada’s Tourmaline Oil to acquire Crew Energy for $1.3-billion
The company said the acquisition, which is expected to close in early October, will add over $200-million to Tourmaline’s projected 2025 free cash flow