Oil Company News

Indian Oil Corporation refining runs reached 90% in July, the company said Friday, adding...

Oil major Chevron on Friday reported a 5% rise in oil and gas production in the second quarter...

Hydrocarbon production at ENI fell 5% in Q2 versus a year earlier on a heavy maintenance...

ExxonMobil ramps up Permian basin production in second quarter as it posts a huge rise in earnings, largely on the back of the chemical business...

IAG only sees 'possibility' of running at 75% of pre-crisis levels by the fourth quarter...

Profits in Shell's upstream business jumps, but the company warns the outlook still remains uncertain...

Australia's Woodside Petroleum is closing in on a deal to acquire oil and gas assets from mining giant BHP...

TotalEnergies and Equinor are exiting an oil production joint venture with Venezuela's PDVSA, the latest in a succession of western companies...

Sales of products have improved after the easing of lockdowns, but oil refining margins are not expected to improve in the second half of the year, says the Austrian refining group...

Norway's Johan Sverdrup crude oil field will reach peak production of 755,000 bpd at some point after Phase 2 of the project starts in the fourth quarter of 2022...

The UK's largest air hub and 2019's seventh busiest airport in the world, London Heathrow, will see 2021 passenger numbers finish below the 2020 total ...

South Korean refiner S-Oil expects regional refining margins in the third quarter of the year to rebound as demand for fuels ...

Iraq's State Oil Marketing Organization did not award the two cargoes of Basra Medium crude offered via the S&P Global Platts MOC platform Tuesday...

Hengli Petrochemical Co, one of China's top independent refiners, may have avoided paying around $2 billion in taxes by mislabeling fuel sales...

Eni's deals for France, Spain renewables projects mark a major step towards 2020's growth targets for its renewables business ...

Once bitten, twice shy Ryanair scales back its hedging exposure after huge derivative losses last year, sees bright 2H 2021 ...

Iraq's government has approved energy major TotalEnergies to proceed with four projects developing the country's crude ...

Energy majors Shell, Equinor and RWE have joined forces for a proof of concept offshore green hydrogen project in the North Sea ...

Brazilian state-owned oil major Petrobras's oil and gas production reached a year-high of 2.796 million barrels of oil equivalent ...

French power company EDF that co-owns a nuclear plant in China would shut it down if it could, due to damage to the fuel rods, but the decision is...