Singapore's Temasek has decided against investing in Saudi Aramco's initial public offering (IPO), in part over environmental concerns, according to people familiar with the matter. The world's most profitable company…
China's securities regulator has set a timetable to remove foreign ownership limits in finance companies next year, as Beijing seeks to attract overseas investment to boost a slowing economy. Foreign…
Norwegian energy company Equinor has announced that it will invest nearly $550m (NOK5bn) on the development of the Hywind Tampen floating offshore windfarm. The windfarm will be used to power…
Exxon Mobil is considering a sale of its offshore Malaysia upstream assets as part of U.S. energy giant’s divestiture program, according to people with knowledge of the matter. The company…
Nigeria has been recognized globally as a reputable maritime nation with over 8,000 kilometers of navigable inland and coastal channels, as well as its fresh water lakes. However, it is…
The September 14 attack in eastern Saudi Arabia is unprecedented. A drone and missile strike claimed by Houthi rebels of Yemen damaged Saudi Arabia’s processing facility and oil field in…
JPMorgan has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region. The move by the US banking giant,…
Indonesia is trying to clamp down on illegal palm oil plantations by first identifying the perpetrators. A government investigation found that 3.1 million hectares, or about 19 per cent of…
U.S. ambassador to Angola, the Hon. Nina Maria Fite, hosted a delegation of top Angolan oil and gas officials to explore opportunities for the two nations to collaborate on the…
In support of the Administration’s America-First Offshore Energy Strategy, Department of the Interior’s Acting Assistant Secretary for Land and Minerals Management Casey Hammond and the Bureau of Ocean Energy Management…