Petronas has been the title sponsor of TVS Racing for the 2022-2023 season. As part of this partnership, PLI will continue as the official supplier of after-market oils to TVS Motor Company's ...

Edge AI & IoT for Oil Rigs: Oil rigs often function in remote and extreme environments where real-time decision-making is crucial. NVIDIA’s AI-powered edge computing, combined with NVLink and ...

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) and JX Nippon Oil & Energy (JX NOE) have signed an agreement for the sale and purchase of equity in Petronas LNG 9 Sdn Bhd (PL9SB). Under the ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS), through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong ...

Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure), through its indirect wholly-owned subsidiary, Keppel Gas Pte Ltd (Keppel Gas) has entered into a Heads of Agreement (HOA) with Petronas ...

Migrants left stranded on the lower decks of a gas rig adrift in the Mediterranean Sea have made an urgent appeal for help as ...

One of the men took to social media to explain how they had set out from Libya and spent five days aboard a rubber dinghy before being shipwrecked at the rig in the Miskar oil and gas field ...

Thirty-two people were stranded on the British Gas-managed oil platform in the Mediterranean for several days Thirty-two migrants attempting to cross the Mediterranean have been rescued by an NGO ...