The offshore fields are located in Block PM3 CAA overlapping Malaysia and Vietnam.
It is on the verge of 'running out of money' by the end of April
Average crude prices declined 35.4 percent year on year to $32.4 per barrel last month
Economists are still hotly debating whether the oil crash has been a net positive for advanced economies.
"A change in investor sentiment was the key factor."
As long as oil prices stay below the estimated break-even level of $50 a barrel, the zombie group is set...
Oil is now the main driver of GDP growth, officials say
Iran hopes its crude oil exports will return to pre-sanctions levels within three months once a deal with major...
The state oil firm just had a great year, but it is anticipating tough times ahead because of falling prices.
Brent crude oil fell to a five-year low below $68 on Monday before recovering some of the losses as investors...