Malaysia will offer tax incentives to encourage the exploration of less-profitable fields to boost revenue and extend the life of the countr...

Petroliam Nasional Bhd, Malaysia’s state oil and gas company, increased a price-adjustment factor for its benchmark Tapis crude to a record ...

Technip Asia Pacific Sdn Bhd expects to launch a RM600mil flexible pipe-manufacturing plant in Tanjung Langsat, Johor, on Nov 25. Technip As...

Former BP PLC chief Tony Hayward has acknowledged that the company was unprepared for the disastrous Gulf of Mexico oil spill and the media ...

Petronas Chemicals, soon-to-be-listed arm of Petronas, plans to carry out selective acquisitions in the mid-to-long term. Petronas Chemicals...

Saipem, Italian turn-key contractor for the oil and gas industries, has been awarded project contracts in both Europe and Africa. In Nigeria...

Murphy Oil Corp.'s net income rose 7 percent and revenue rose 17 percent as the company benefited from higher prices for natural gas and...

Company to decide on ammonia project in FY 2012 Petronas Chemicals Group Bhd (PCG) may invest up to US$1bil in a greenfield ammonia and urea...

Petronas Gas Bhd has appointed four new directors following the resignation of two directors, namely Datuk Mohammed Azhar Osman Khairuddin a...

* Expansion to produce Euro IV fuels, meet future demand * Refinery to process more sour crude as output falls * New hydrocracker started op...