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Florence Tan

FILE PHOTO: General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed//File Photo
BusinessFuelNewsOilPoliticsTrade

Saudi Arabia may cut oil prices for Asia for second month in August

Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, trade sources...

FILE PHOTO: The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelLiquefied Natural GasMaritimeNewsOilTransport

Singapore’s Temasek to sell Pavilion Energy to Shell

Shell hopes the deal with Temasek will strengthen its position in the liquefied natural gas market.

FILE PHOTO: Temasek logo is seen in this illustration taken November 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelLiquefied Natural GasNews

Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

The deal will provide Shell, already the world's top LNG trader, with access to gas markets in Europe and Singapore.

BusinessNewsOil

Oil prices fall after Iran attack as market draws down risk premium

Brent futures for June delivery fell 50 cents, or 0.5%, to $89.95 a barrel, while West Texas Intermediate futures for May delivery were...