[BENGALURU] Bankrupt California power producer Pacific Gas and Electric Company (PG&E) said on Friday it had reached a US$13.5 billion agreement to resolve individual claims relating to the...

[HONG KONG] A Hong Kong-registered crude oil tanker was attacked and its sailors kidnapped by pirates off the coast of Nigeria in the early hours of Wednesday, the South China Morning Post cited...

[NEW YORK] A plan to pay seven executives of the bankrupt Philadelphia Energy Solutions (PES) oil refiner as much as US$20 million in bonuses after the company shut its operation and laid off its...

[WASHINGTON] Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators were dealing with the "last issues" that remain in the United States-Mexico-Canada...

[LONDON] Rolls-Royce Holdings is pitching nuclear reactors as the most effective way of powering the production of carbon-neutral synthetic aviation fuel without draining global electricity grids...

[KUALA LUMPUR] Singapore could become the world's first country to only use sustainable palm oil as part of a green push to tackle forest fires and air pollution blighting South-east Asia.

[VIENNA] The climate crisis was the unexpected guest at this week's gathering of the Opec bloc of oil producers and its allies which this time happened to coincide with the UN's climate summit in...

[NEW YORK] Oil prices rose more than 1 per cent on Friday and posted sharp weekly gains after Opec and its allies...

THE Organization of Petroleum Exporting Countries (Opec) will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried...

SAUDI Arabia's giant state-owned oil company, Saudi Aramco, has set the price of its initial public offering (IPO) at a level that will raise US$25.6 billion, a sum that is expected to make it the...

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