Oil & Gas/Mining
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Oil prices dip after strongest weekly rise in over one year
Oil prices fell on Monday, after posting their steepest weekly rise in more than a year last week, as oversupply…
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Oil prices drop as prospect of additional supply offset Mideast fears
Oil prices were down by more than 2% on Tuesday as a stronger supply outlook and lukewarm global demand growth…
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Fourth domestic oil field to come on-stream
The upstream petroleum sector is gearing up to bring on-stream its fourth oil field, the Pecan Oil Field, with peak…
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Oil prices fall over 2% on prospects Saudi Arabia to raise output
Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world’s biggest crude exporter, will give up…
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MIIF prioritising ESG for sustainable mining, calls for ESG to underpin issuance of licenses
The Minerals Income Investment Fund (MIIF) has placed Environmental, Social, and Governance (ESG) principles at the core of its investment…
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Oil climbs on China stimulus, Middle East conflict and hurricane risk
Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that conflict in the…
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California sues Exxon over plastics recycling ‘deception’
California’s attorney general is suing ExxonMobil, alleging the oil giant engaged in a “decades-long campaign of deception” about the effectiveness…
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Oil prices rise after US interest rate cut
Oil prices rose on Thursday following a significant interest rate cut from the U.S. Federal Reserve, though lingering concerns over…
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BOST bans staff from engaging in active party-political
The management of Bulk Oil Storage and Transportation Company Limited (BOST) has banned its staff from engaging in any form…
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Oil prices rise slightly due to Fed interest rate cut expectations
Oil prices saw a slight increase in early trading on Monday, driven by anticipation of a U.S. interest rate cut…
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