Oil Company News

Occidental Petroleum (Oxy) expects crude oil output from its Gulf of Mexico (GOM) E&P activities ...

Gibson Energy expects to have a connection for its South Texas Gateway Terminal (STGT) in Ingleside...

Cathay Pacific Airways posted another strong performance in January as robust demand leading into the Chinese Lunar New Year spurred...

Brazil's public prosecutor office has called out the national energy regulator for failing to deal with biofuel fraud, amid pressure from fuel...

Petroineos has temporarily closed its polyethylene unit at its 210,000 bpd Lavera refinery for scheduled maintenance, the company...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

A light olefins unit at Motiva's Port Arthur chemical plant in Texas is undergoing maintenance and is expected to be offline until Monday...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

President Donald Trump has indicated that he may not let Venezuela export crude oil and petroleum products...

Occidental Petroleum plans to divest $1.2 billion in assets in the first quarter of this year from two upstream ...

Enbridge has apportioned nominations for heavy crude shipments on its Mainline system by 5% and...

Diamondback Energy has entered a deal to buy certain subsidiaries of Double Eagle IV Midco for just ...

Australia's Woodside Energy is looking for potential partners in its Louisiana LNG project on the US Gulf Coast...

Sanctioned oil tankers carrying Russian-origin cargoes continued to discharge at ports in Shandong province despite a recent ban...

Portuguese oil company Galp expects refining margins to decline to around $6/b in 2025 as new refining capacity comes online in South...

Brazil's oil regulator ANP has cleared Petrobras to start production at the Almirante Tamandaré floating production, storage and offloading...

The Department of Transportation's Maritime Administration (MARAD) has issued a Record of Decision (ROD) to Sentinel Midstream...

Mexico's PMI has raised the so-called K factor used in its formulas to price all its grades sold internationally ...

Enbridge is advancing talks with customers to add more egress capacity for growing Western Canadian ...

South Bow and Energy Transfer (ET) are looking into bringing online their proposed Big Sky crude oil pipe ...