Saudi Aramco has authorized a $3 billion share buyback program and increased its dividend payout, according to a new filing on Saudi market exchange (Tadawul). The company is currently rerouting exports...
Malaysia may be relatively cushioned from the latest oil price spike due to its energy export revenues, but economists warn that sustained crude prices above US$100 (RM473.18) per barrel...
Saudi Aramco reported net profits of $104.7 billion for 2025, down by 12% on the year amid persistently low oil prices last year. The company also said it would buy back...
DRC Gold Trading, the country’s state-owned gold trading entity, plans to boost the amount of artisanal gold it sells to 15 metric tons this year, with the country’s central bank...
Saudi Aramco has begun reducing oil production at two of its fields as the disruption around the Strait of Hormuz starts to choke off crude exports across the Gulf. The move...
The deal will be executed through an Australian scheme of arrangement under which Pan African will acquire 100% of Emmerson’s issued share capital, giving Emmerson shareholders about 4.24% of...
South Korea struck a deal Friday to ship around four million barrels of oil from the United Arab Emirates, bolstering supplies as the US-Israel war on Iran upends energy...
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait...
Shell and Kazakhstan have signed an agreement for oil and gas exploration in the Zhanaturmys block in western Kazakhstan, the Kazakh Energy Ministry said on Thursday. The agreement – signed by...
In a statement, the department said the capital commitment by Rio Tinto’s subsidiary Richards Bay Minerals (RBM) reflects growing cooperation between industry, government and host communities. RBM, which is...