oil and gas

Is there a market for electric motorcycles? GSS Energy thinks so, and has partnered with the Lamborghini family to create one.

Luckock "wouldn’t be surprised" if Brent hits US$100 by end of the year

SINGAPORE (May 4): When Hin Leong Trading filed for court protection on April 17, it emerged, in affidavits by its own-er Lim Oon Kuin and his son Lim Chee Meng, that the local oil trader owed 23 banks a total of US$3.85 billion ($5.45 billion).

The price on the futures contract for West Texas crude that is due to expire Tuesday fell into negative territory -- minus $37.63 a barrel.

SINGAPORE (Jan 17): CSE Global, which provides engineering services to the oil and gas sector, suffered when oil prices slump and customers cut back their capital expenditure.

(Aug 21): Total SA has agreed to buy the oil and gas unit of AP Moller-Maersk A/S for US$4.95 billion ($6.75 billion), another sign that the pace of deals in the energy sector is accelerating after a long downturn.

SINGAPORE (Feb 3): OCBC advises investors to be nimble when investing in oil and gas stocks amid the uncertainties, but those with a longer-term horizon could consider accumulating on dips on their preferred picks.

SINGAPORE (Jan 12): Wood Mackenzie expects the oil and gas industry to show signs of recovery during the year, driven by a 3% growth in exploration and production spending to US$450 billion.

SINGAPORE (Jan 5): With the production cut announced by OPEC in November, RHB Research has forecast crude oil prices will average at US$60 a barrel for 2017.