Oil Company News

Crude oil volumes through Shell-operated pipelines in the Gulf of Mexico will "substantially"...

US energy major ExxonMobil grew earnings 44% in the last quarter helped by higher oil prices and strong margins for...

Houston-based oil major Phillips 66 was hit by a $1.3 billion impairment during the...

Brazilian oil giant Petrobras posted late Thursday robust Q3 profits on rising international oil prices and improved products...

Revenues at CNOOC jumped 63% year-on-year in the third quarter as higher hydrocarbon prices combined with a jump...

Italian energy major ENI reported a five-fold annual increase in its Q3 EBIT after European...

China's state-owned oil and petrochemical company Sinopec is accelerating its diesel output in Q4...

Saudi Aramco owned petrochemical company SABIC is to restart its 865,000 mt per year ethylene cracker in the UK after months...

Indian crude processing fell to a one-year low in September, reflecting planned maintenance at some units...

Profits at French energy major TotalEnergies jumped during the third quarter on soaring global...

Around four fifths of large companies quoted on European stock exchanges have established emissions goals in line with the 2015 Paris climate change agreement...

Activist shareholder Third Point has called for oil major Shell to be broken up, claiming the...

Finnish renewables producer and oil refiner Neste set out on Wednesday formal targets for scope 3 emission reductions...

The UAE's Abu Dhabi National Oil Co (ADNOC) plans to produce 1.19 million bpd from its Murban oil field in November...

Dutch pension fund ABP – one of the largest in the world – will sell its entire €15 billion ($17.5 billion)...

The amount of people searching for flights globally has jumped to its highest level since the start of the pandemic in a sign the aviation sector's recovery may be closer...

Portuguese energy and oil company GALP posted much-improved third-quarter results Monday, driven by the year-on-year...

Saudi Aramco, the world's largest oil company, has joined other energy majors and pledged to reduce carbon emissions from...

Global refineries should tailor their output in favour of petrochemical production...

French drivers are ditching gasoline-only cars for flex-fuel vehicles as surging oil...