Oil Company News

Russia's Tatneft became the latest oil and gas company to post a set of soaring profits for the second quarter of the year...

Asia's biggest oil refiner on Sunday reported flipping back into a healthy profit in the first half of the year, with Sinopec...

Oil majors operating in the Gulf of Mexico have idled multiple oil platforms overnight and evacuated...

Profits at Russian oil producer and refiner Lukoil continued to grow in the second quarter of the year, posting a 20.5% rise...

Malaysian oil company Petronas saw a second-quarter profit and an increase in revenues, helped by better oil products prices and increased LNG sales volumes...

The Fujairah Oil Terminal (FOT) is investing around $45 million in upgrading its infrastructure and...

Libya's Arabian Gulf Oil Co (AGOCO) will be forced to cease its production as it has become unable...

A storm currently brewing in the Caribbean has the potential to develop into the first major storm of the season that threatens oil and gas infrastructure in the...

reek oil company Hellenic Petroleum saw record-high results for its petrochemical business, as well as record exports in its fuel marketing segment boost Q2 earnings...

Tankers carrying sanctioned Iranian and Venezuelan crude oil have created a parallel tanker...

Australian Qantas Airway expects international air travel to return from December when...

A routine announcement by the Price Reporting Agency Platts that a trading company would be joining its Asian crude...

A lack of maintenance at an offshore oil loading terminal was the cause of a spill at the Black Sea handling hub at...

Spanish energy company Repsol has produced its first batch of aviation biofuel made from...

The European Energy Exchange (EEX) will start the first sell-off of German carbon certificates...

The UK competition watchdog launched an inquiry into the planned $44.5 billion merger...

Operations at Equinor's Sture Export Terminal on the Norwegian west coast returned to normal on...

US refiner Marathon Petroleum will take a stake in agriculture giant ADM's new soybean processing facility to secure exclusive...

Nearby gas prices in Europe have slid 10% Thursday after Russian gas company Gazprom said gas may start flowing through the Nord Stream 2 pipeline...

The crude oil vessel Bergen TS continued to remain stuck at Equinor's Sture Export Terminal on...