Oil and gas sector

Indian refiners avoid Russian oil in push for US trade deal

Indian refiners are avoiding Russian oil purchases for delivery in April and are expected to stay away from such trades for longer.

Aster to complete Singapore refinery expansion, berth works in second half of 2026

Aster expects to complete several projects in the second half of 2026 to raise its refining capacity at Pulau Bukom and import oil on supertankers to lower costs.

OMS Energy Technologies’ fundamentals strong despite volatile Nasdaq debut: CEO

Interpol issues red notice for Indonesia ‘gasoline godfather’

Riza Chalid is wanted for his alleged involvement in corruption at state-owned oil company Pertamina.

Trump says he welcomes China, India investment in Venezuela oil

The US is set to import the most Venezuelan oil in a year after the Trump administration moved to control the country’s energy supply.

Exxon, Chevron clock best month since 2022 as crude oil surges

Exxon is up 18 per cent in January and Chevron higher by 16 per cent – the best monthly performance for both companies since October 2022.

US pitches Venezuelan crude to India as its Russian oil imports slow: Sources

The US effort to supply Venezuelan crude to India comes as Washington seeks to reduce Russian oil revenues that are funding the war in Ukraine.

Cubans queue for fuel as Trump issues oil ultimatum

Vehicles waiting in line to refuel at a gas station in Havana on Jan 30, 2026.

US eases some sanctions on Venezuelan oil industry

The Trump administration has eased some sanctions on Venezuela's oil industry to encourage US investment.

EU countries give final approval to Russian gas ban

Under the agreement, the EU would will halt Russian liquefied natural gas (LNG) imports by the end of 2026. Pipeline gas will be halted by Sept 30, 2027.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.