Lucio Tan Sr. He is the Filipino-Chinese tycoon behind Fortune Tobacco, Philippine Airlines, Asia Brewery, MacroAsia Mining Corp, alongside Hong Kong property developments, among others.

Tycoon who went to school barefoot riding 'nickel boom'

Filipino business tycoon Lucio Tan Sr, 91, shows resilience amid great old

UAE fuel prices for February: Petrol costs to fall?

Global oil movements send early signals on February pump prices in the UAE

UAE petrol, diesel prices for February 2026: Will fuel cost fall at the pump?

Venezuela moves to open up oil sector: What's next

Move paves the way for the return of US energy majors — a key Trump demand

A bill endorsed by Venezuelan lawmakers would roll back decades of state controls over Venezuela's oil sector, which were tightened by Maduro's late mentor, socialist firebrand Hugo Chavez, in the mid-2000s.

Tesla Cybertruck sales down 48.1%: Here's why

Tesla's Cybertruck sales plummet, as per Cox Automotive data

A Tesla Cybertruck drives outside the newly opened Tesla Diner on July 31, 2025 in Hollywood, California.

Egypt starts new oil production in Gulf of Suez

The Al-Wasl-4 well has begun producing around 2,250 barrels of crude oil per day

The North Safa field entered production in 2024 and is undergoing further development.

Philippines: Why new Malampaya well is a game-changer

Blockbuster 98-billion cubic feet gas find signals a better future for the Philippines

New gem: Flaring from the drill ship Noble Viking to confirm the new gas find at Malampaya East-1, located 5km east of the existing Malampaya Field.

Venezuela says $300m from oil used to prop up currency

Washington last weekend said Trump brokered 'historic energy deal'

This view shows the Panamanian tanker CH Alquimia on Lake Maracaibo in Maracaibo, Venezuela on January 18, 2026.

Creditors expected to approve Petrofac unit sale

Petrofac’s Asset Solutions sale advances while its UAE business remains operational

Petrofac’s CB&I deal set for creditor approval, with jobs and UAE projects secure

Filipino billionaire behind new gas find: Ricky Razon

New gas well places the Philippines in a unique position to diversify its energy mix

FROM MINIMUM WAGE TO CEO: Enrique Razon Jr, 65, started at age 17 in the family-owned cargo-loading company for minimum wage. Net worth was estimated by Forbes at $14.4 billion as of mid-January 2026 (from $8.1 billion in 2023). He is known as the Philippines’s ports, resorts and infrastructure baron. He has also made known his interest in building small modular nuclear power plants to bolster the southeast Asian nation's energy security.

ADNOC Gas signs up to $3b LNG supply deal with India

India becomes UAE’s largest LNG customer as ADNOC Gas expands long-term Asian supply

ADNOC Gas signs up to $3 billion LNG supply deal with India’s HPCL

Middle East firms must adapt fast to stay ahead: HSBC

Middle East companies that adapt faster to change will emerge as long-term winners

Julian Wentzel, Group Sustainability Officer at HSBC

Philippines' CREC eyes 3,000MW capacity $2b spending

Firm earmarks $2b in capital expenditures to ramp up power-generating capacity

A solar farm operated by Citicore Renewable Energy Corp (CREc). It is targetting 3,000 megawatts (MW) of installed capacity by the end of 2026.

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