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Developing Stories

SC steps in Okada Manila boardroom war as Kazuo-Tonyboy group reportedly pays P2B to Okada Manila contractor amid freeze on bank accounts

June 22, 2022

Business as usual: Kazuo Okada’s group claims ‘all is well’ despite freezing of bank assets

June 20, 2022

Casino-hotel, employees in peril: BDO, UBP, Asia United freeze Kazuo-Tonyboy group’s access to Okada Manila bank accounts

June 19, 2022
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Tag: Oil

OPEC+ expected to stay course on oil output boost

Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at their meeting on Thursday, despite pressure to further increase production.

G7 to work to ‘develop a price cap’ on Russian oil: US official

G7 leaders have agreed to work on a price cap for Russian oil, a US official said on Tuesday, as part of efforts to cut

Oil prices rebound on mixed day for global stocks

Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter. After

Big Oil meeting with US govt cordial but no miracle gas price fix

  by Sebastian Smith / with John Biers in New York Biden administration officials and oil industry executives huddled in Washington on Thursday to discuss

Biden says ExxonMobil ‘made more money than God’

President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices deplete Americans’ wallets and the US leader’s popularity ahead

Russia says EU oil embargo to hurt European consumers ‘above all’

Russia on Thursday warned that European consumers will be the first to suffer after Brussels introduced a partial embargo on Russian oil over Ukraine. “As

Oil price rises even as OPEC boosts output more than expected

  Oil prices rose Thursday despite an agreement by major crude producers to boost output more than expected, while US stocks rallied ahead of closely-watched

EU’s Russian oil ban unlikely to affect OPEC+ decision

by Emeline BURCKEL Saudia Arabia, Russia and their allies are likely to stick to their policy of modest oil output increases when they meet Thursday

War windfall: Russia expects $14B in additional energy revenue this year: minister

Russia expects to receive one trillion rubles in additional oil and gas revenues this year, the finance minister said Friday, adding that part of the

Environmental protesters force suspension of Shell AGM

Oil giant Shell was on Tuesday forced to temporarily suspend its annual general meeting because of disruption from climate change activists. Proceedings at the venue

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