Oil & Gas

Preliminary volume calculations indicate between 500,000 to 1.4 million cubic metre of recoverable oil equivalents.

UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the oil and gas sector in Singapore.

West Texas Intermediate rose past US$97 ($131.89) a barrel after retreating by more than US$5 on Wednesday.

“We are acutely aware that our decision last week to purchase a cargo of Russian crude oil” was wrong: Shell.

Both Brent and WTI rose around 3% on Feb 11 to US$94.44 and US$93.10 respectively, closing at their highest levels since Sept 2014

2022 should still represent a reasonably balanced market.

As at Sept 30, CSE Global’s order book stood 14.8% y-o-y higher at $267.0 million.

SINGAPORE (Feb 12): Oil majors such as Royal Dutch Shell and BP, which are present in the entire oil and gas value chain — from exploration, production and refining to motorway stations — have had a tremendous 2017. Their outlook for energy and their

SINGAPORE (March 13): CIMB is maintaining its “add” call for CSE Global on the back of new contract wins.

SINGAPORE (Feb 17): DBS Group chief executive officer Piyush Gupta believes the bank has seen the worst of its woes from loans to troubled companies in the oil and gas support services sector.