oil

Aramco back in PH, to buy 25% of Unioil

Saudi oil giant Aramco is making its way back to Philippine shores through a planned…

BIZ BUZZ: PNOC not giving up claim on Petron assets

Once in a blue moon, the Supreme Court entertains a second motion of reconsideration “in…

Venezuela oil exports rise on Chevron’s cargoes, more supply to China

Venezuela’s oil exports rose 15 percent to some 867,000 barrels per day in January, driven…

BIZ BUZZ: ‘Hijacking of public assets’

The Philippine National Oil Co. (PNOC) is not ready to concede in its legal tussle…

Tanker rates extend rally on sanctions, Asian demand

SINGAPORE — Oil shipping rates extended their rally on expectations of a tightening in global…

US, UK unveil widespread sanctions against Russia’s energy sector

WASHINGTON — The United States and Britain on Friday announced sanctions against Russia’s energy sector,…

Alaska sues Biden admin over oil and gas leases in Arctic refuge

The US state of Alaska has sued the Biden administration for what it calls violations…

Petron eyes more auto service facilities

Major oil firm Petron Corp. of billionaire Ramon Ang targets opening more facilities for automotive…

Nido Petroleum eyes new searches in Palawan

Nido Petroleum Philippines plans to launch new searches for oil and gas in offshore northwest…

TotalEnergies chief defends oil’s climate ‘progress’

BAKU — Oil executives and lobbyists descended on COP29 in Baku for “energy day” Friday,…