Oil Company News

Approximately 100 employees working on the Ninian and Tiffany crude oil platforms in the North Sea...

Exxon Mobil is debating whether to continue with several major oil and gas projects as the company's board of directors reconsiders its investment strategy in a fast-changing energy landscape...

Information provider IHS Markit may have to sell its base chemicals price reporting business to...

The UK government put forward two carbon capture projects as part of its strategy to capture...

The shift from private vehicle ownership to mobility as a service (MaaS) and car sharing is looking 'unavoidable', according to a forecast released Monday...

Swiss-based trading house Vitol will acquire a minority stake in French renewable gas...

British chemical giant Ineos announced it will invest €2 billion ($2.32 billion) in zero-carbon...

Italian energy major ENI has started production of Sustainable Aviation Fuel (SAF) at its..

Royal Dutch Shell appointed Wael Sawan as its new director of Integrated Gas and Renewable...

Global electric vehicle sales have gone up sharply in August and likely even further in September...

Qatar's state-owned energy company, the newly rebranded QatarEnery, has set its OSP for Qatar Marine crude oil loading in November at a premium of...

The global shortfall in passenger aviation activity linked to the Covid-19 pandemic is now less than 30%...

US oil major Chevron has set out 2050 emission reduction targets for the first time in a move bringing it into line with...

Saudi Aramco will allocate full volumes to term holders in Asia for November, while some customers have requested additional supplies...

Energy major Shell estimated the impact of Hurrican Ida on its Q3 upstream output at 90,000 barrels of oil equivalent per day...

Energy company BP said Thursday it has bought a US tech company whose aim is to turn...

Energy major Shell's LNG portfolio will be active well into the second half of the century, said CEO Ben van Beurden...

TotalEnergies' CEO Patrick Pouyanne has warned energy prices would "rocket to the roof" by 2030 if the industry stops investing in...

Iraq's state-owned oil marketer SOMO is considering not offering its flagship Basrah Light grade to its term crude customers next year...

Saudi Aramco has reduced Official Selling Prices (OSPs) for November-loading crude oil for Asia customers while also trimming OSPs for the US and Europe...