The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global...
Several major energy traders have begun declaring force majeure to their own customers after Qatar’s LNG shutdown rippled through global gas markets. Companies including Shell and TotalEnergies–both major portfolio...
Amazon.com Inc. (NASDAQ:AMZN) has launched one of the largest corporate bond offerings on record, aiming to raise between $37 billion and $42 billion across dollar and euro markets to finance...
Nvidia said on Wednesday it will invest $2 billion in artificial intelligence cloud company Nebius, adding to the leading chipmaker’s growing list of investments in AI firms and data center infrastructure. The...
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...
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...