Arunima Kumar

Sunday 30 Mar 2025

25 Mar 2025, 08:00 am

Shell raises shareholder distributions and LNG sales target, trims spendingShell on Tuesday pledged to return more cash to shareholders, mainly via buybacks, trimmed its investment budget through 2028 and raised the prospect of selling and closing some of its chemicals assets.

By Shadia Nasralla & Arunima Kumar / Reuters

25 Mar 2025, 08:00 am

OIL & GAS

12 Mar 2025, 08:00 am

Oil up 2% on tighter US supplies but tariff concerns loomOil prices rose 2% on Wednesday, as US government data showed tighter oil and fuel inventories than expected, though investors kept an eye on mounting fears of a US economic slowdown and the impact of tariffs on global economic growth.

By Stephanie Kelly & Arunima Kumar / Reuters

12 Mar 2025, 08:00 am

OIL & GAS

11 Mar 2025, 08:00 am

Oil edges higher, but recession fears and tariffs limit gainsOil prices rose less than 1% on Tuesday, helped by weakness in the dollar, although gains were capped as concerns mounted over a US slowdown and the impact of tariffs on global economic growth.

By Stephanie Kelly & Arunima Kumar / Reuters

11 Mar 2025, 08:00 am

OIL & GAS

04 Mar 2025, 08:00 am

Shell overhauls executive team, integrated gas and upstream director to leaveShell's director of integrated gas and upstream, Zoe Yujnovich, will step down at the end of the month after more than a decade with the oil major, it said on Tuesday.

By Chandini Monnappa & Arunima Kumar / Reuters

04 Mar 2025, 08:00 am

11 Feb 2025, 08:00 am

BP promises fundamental reset as 4Q profit hit four-year lowBP reported quarterly profit of US$1.17 billion (RM5.23 billion) on Tuesday, weaker than expected and the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that investor Elliott Management had built up a stake.

By Arunima Kumar / Reuters

11 Feb 2025, 08:00 am

OIL & GAS

05 Feb 2025, 08:00 am

Oil drops amid rising US crude inventories, Sino-US tariff warOil prices dropped over 1% on Wednesday as rising US stockpiles and concern about a new Sino-US trade war fuelled fears of weaker economic growth, offsetting US President Donald Trump's renewed push to eliminate Iranian crude exports.

By Arunima Kumar / Reuters

05 Feb 2025, 08:00 am

OIL & GAS

30 Jan 2025, 08:00 am

Shell furthers shareholder returns despite profit dropBENGALURU (Jan 30): Shell on Thursday reported a 16% drop in 2024 annual profit as a result of weaker oil and gas prices and demand, while further increasing shareholder returns in a sign of confidence in its strategy of refocusing on its most profitable sectors.

By Arunima Kumar / Reuters

30 Jan 2025, 08:00 am

08 Jan 2025, 08:00 am

Shell warns of weaker fourth quarter LNG, oil tradingShell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.

By Ron Bousso & Arunima Kumar / Reuters

08 Jan 2025, 08:00 am

Making a bold move in Kota Kinabalu

Man of the house

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

US to revoke authorisations to foreign partners of Venezuela's PDVSA — Reuters

Young man rescued from Cambodia job scam repatriated to Malaysia

Festive season airfares to Sabah, Sarawak remain low, controlled — Loke

Myanmar quake death toll passes 1,600, as junta lets in foreign rescuers

Man of the house

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