Malaysia Prime Minister Anwar Ibrahim is taking the heat for rescuing debt-laden oil and gas services firm Sapura Energy.

Indonesia is preparing about 8 trillion rupiah ($487.21 million) of capital injection for the new state firm Agrinas Palma Nusantara, senior finance ministry official Rionald Silaban said on Tuesday.

Overall market conditions in the oil and gas industry have improved, drawing more attention and need for injection wells.

This story was produced in partnership with the Pulitzer Center. It is part three in a four-part series. Read part one here ...

Exxon Mobil has killed its Gippsland carbon capture and storage project running since 2022, but won’t explain why.

An oilfield infrastructure company wants to use deep-well injection to sequester billions of barrels of oil sands mine water in underground reservoirs.

Companies such as MyGeo Sdn Bhd are thankful for the funds, which are intended to settle Sapura Energy's arrears with its ...

PUTRAJAYA: Due diligence and conditions including a complete restructuring of Sapura Energy Bhd's top management were ...

The government's RM1.1bil investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash ...

Billions of gallons of freshwater are used for fracking every year in Colorado. Companies will now have to gradually increase ...

Speaking to Bernama, Keyfield International Bhd chief operations officer Mohd Erwan Ahmad said the outstanding debts had ...

Speaking at the Ministry of Finance's monthly assembly here, Anwar said channelling money into Sapura Energy “was not an easy ...