Bloomberg Petronas Chemicals Bhd., a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest in a $27 billion oil refining and petrochemical project, sustaining hope the country can find a partner after at least three previous deals fell through. Companies from Japan, South Korea, China, Taiwan and Italy have …

  Bloomberg Oil declined after Saudi Arabia told OPEC it raised production back above 10 million barrels a day in February, reversing about a third of the cuts it made the previous month. Futures tumbled 1.5 percent in New York, reversing earlier gains. The kingdom, which had curbed supplies more than it needed in January as part of a deal …

  Bloomberg Glencore Plc is entering the fuel-stations business in Mexico with a 15-year supply deal and a $200 million investment in a joint-venture with local owners, according to people familiar with the decision. The agreement is the first significant move for Glencore in the retail fuel sector. It comes as commodities traders including Vitol Group BV and Trafigura Group …