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Opec agrees to cut production

Dec 02, 2016

Saudi Arabia will reduce oil output by 486,000 barrels a-day Opec has agreed to cut oil production for the first time since 2008 as it seeks to rebalance the global oil market…READ MORE

Oil prices tumble as doubts over planned crude output cut rise

Nov 28, 2016

Oil prices fell over 1 per cent on Monday, extending declines from last Friday as doubts re-emerged over the ability of major producers to cut output at a planned meeting on Wednesday aimed at reining in global oversupply…READ MORE

S'pore ultimate winner in selection of LNG importers

Nov 02, 2016

IT was a decision many years in the making. And while clinching the import licence for the next tranche of liquefied natural gas into Singapore was a huge win for Pavilion Energy and Shell, the country itself has become the ultimate winner through the new appointments announced last week…READ MORE