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Broker's Calls
UOB Kay Hian trims target price for Rex International to 8 cents, urges better disclosure
Rex remains 'an adventurous' explorer but need additional capex
March 12, 2024
Oil & Gas
RH Petrogas commences drilling of new exploration well
The company had plugged two other exploration wells late last year
January 21, 2024
Environmental, Social and Governance
COP28 ends with deal on transition away from fossil fuels
Ultimately the coalition of oil producers was left too isolated to resist.
December 13, 2023
Geopolitics
How Russia punched an US$11 bil hole in the West’s oil sanctions
The importance of the shadow fleet to Moscow is evident — it moved about 45% of Russia’s oil this year.
December 13, 2023
Environmental, Social and Governance
COP draft deal offers fossil fuel cuts, but fall short for many
The proclamation is set to be the defining issue of the COP28 summit
December 12, 2023
Oil & Gas
How OPEC+ saw its hold on global oil markets fray despite extra production cuts
'The market seems little convinced about the petro-nations'
December 08, 2023
Commodities
Chevron to buy Hess for US$53 bil in latest oil megadeal
Buying Hess will give Chevron a 30% stake in more than 11 billion barrels equivalent of recoverable resources in Guyana
October 23, 2023
Oil & Gas
Exxon to buy Pioneer for US$60 billion to dominate shale oil
Questions have swirled about a potential Exxon-Pioneer deal since April
October 11, 2023
Geopolitics
Israel vs Hamas: over 1,100 dead; oil and dollar gain
The operation by Hamas — which included taking scores of Israeli hostages — was an unprecedented incursion
October 09, 2023
Geopolitics
For oil, it's not 1973 again - but it could still turn ugly
The cost of Arab Light crude, adjusted by inflation, is far from its peak
October 08, 2023