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Petronas Swings to 2Q Profit. CEO Says Oil Market Recovery 'Fragile'

August 27, 2021

Illustration only - An offshore field in Malaysia - Credit: wanfahmy/AdobeStock
Illustration only - An offshore field in Malaysia - Credit: wanfahmy/AdobeStock

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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The UK's Lindsey refinery, which is insolvent, has secured some crude oil supply to continue running for the moment
FT reports that the EU is stockpiling critical minerals in response to geopolitical threats.
As the deadline for a trade agreement nears, stocks and the dollar drop as Trump's budget bill passes.
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