Oil Company News

Oil output at Libya's state-run Gallo field will fall by as much as 70,000 barrels per day after a pipeline leak on Monday night...

Italian oil major ENI reached an agreement with Taiwanese CPC Corporation to deliver a carbon...

Russian energy major Lukoil reported second-quarter increases for both oil production and refinery throughput Monday, although gas output was down ...

Brownfield impairments will remain only a minor contributing factor to Russian oil output cuts, with the world's second...

Bitumen production in Canada's number-one producing province eased for a second straight month ...

Shareholders of The New Zealand Refining Company have overwhelming voted to convert the country's only refinery to a storage terminal ...

Glencore sees oil profits return to normal, coal improve, and metal and mineral profits surge...

The world's largest oil company rounds off the energy reporting season next week when Saudi Aramco is expected to deliver a strong set of results ...

The Japanese shipping company is betting on LNG as the bunker fuel of future...

US oil refiner and midstream operator Marathon Petroleum is predicting improved products demand to continue in the third quarter ...

Saudi Aramco has increased all Official Selling Prices (OSPs) for September-loading crude oil Asia, while cutting OSPs to Europe..

A fire that that broke out Tuesday at the Haldia Petrochemicals Ltd (HPL) plant near Kolkata, India, has been extinguished

Energy manufacturing, logistics company and oil refiner Phillips 66 reported surging profits from its chemicals business Tuesday, turning the company around ...

Saudi Aramco, the world's top crude exporter, is expected to release its closely monitored Official Selling Prices for September this week and is likely to increase differentials for Asia...

ConocoPhillips sees returns from its Permian basin investment amid surge in oil prices...

BP expects its refinery margin profits to improve in the third quarter as long as Covid restrictions continue to ease, particularly in the US ...

Energy majors TotalEnergies and Chevron are in separate talks with Indian state-owned oil and gas producer ONGC ...

Saudi Aramco, the world's largest oil-exporting company, has dismissed reports that it is interested in Bitcoin mining...

Sydney-based OilSearch has accepted a revised A $21 billion merger offer from fellow Australian company, Santos, creating one of the 20 largest oil and gas companies...

Abu Dhabi OSPs for September, pegged against the recently-launched ICE Futures Abu Dhabi (IFAD) Murban contract...