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Latest Articles in oil firms

Brazil's Petrobras Posts $500 Million Loss Despite Record Exports To China

"Brent prices of $65 per barrel in February tumbled to $19 per barrel in April 2020 due to a 25% contraction in global demand, threatening a sudden halt to cash flow,"

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Malaysia's Sarawak State To Pursue Sales Tax Lawsuit Against Oil Firm Petronas

Petronas is sole manager of Malaysia's energy reserves and a significant revenue source for its only shareholder, the federal government.

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India's Oil Minister Urges Local Oil Firms To Boost Overseas Funding

Many companies have successfully raised funding through overseas bond market and this funding route is likely to grow many fold going forward

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The Crude Plan

In conversation with BW Businessworld, Aiyar shares his candid views on the impact of mega-merger of the public sector oil companies on petroleum sector in current economic scenario and why the idea did not materialise 12 years back

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