PetroChina

Shares in Keppel closed 7 cents higher or 0.98% up at $7.24 on Sept 21.

(Oct 1): Saudi Aramco has approached Asian state oil producers including Malaysia’s Petroliam Nasional and China’s Sinopec Group about potential cornerstone investments in its initial public offering, people with knowledge of the matter said.

SINGAPORE (Oct 5): DBS is maintaining its average Brent crude oil forecasts of ~US$75/bbl for 2018 and US$75-80/bbl for 2019, with the intention to monitor developments in the coming weeks.

NEW YORK/HONG KONG (Dec 1): China’s biggest state-owned companies will see “dramatic changes” in the next few years as they may downsize and become more efficient, according to the former chairman of two of the country’s biggest producers.

SINGAPORE (Sept 7): OPEC’s biggest producers are playing second fiddle to smaller suppliers in a coveted corner of the oil market.

(Sept 5): Tencent Holdings has surpassed China Mobile to become the country's most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise.

SINGAPORE (July 20): A recent bounce in oil prices might have eased pressure for cutbacks in oil supply, but the adjustment process may not yet be over given much lower investment and depressed margins.