The full impact of the war on the price of oil became apparent only after the Organization of Arab Petroleum Exporting Countries (OAPEC), the oil cartel, imposed a crude embargo on the US in ...

Occidental Petroleum, which paid $12 billion to acquire CrownRock LP, looks to achieve 85% of its near-term debt reduction target of $4.5 billion by the end of the third quarter 2024, says Oxy CEO ...

KUALA LUMPUR:Kenanga Research said Magnum Bhd's 1H18 net profit that came in slightly-below-expectations is not alarming as it was due to higher taxation.