Oil Company News

Two former brokers from OTC Europe Matt Arrowsmith and Paul Witcomb joined Marex Spectron this week

Saudi Aramco been hit by a $50 million cyber-extortion attempt over leaked data from the company...

Energy majors Equinor and BP have submitted bids for offshore wind seabed leasing plots in the UK's latest 'ScotWind' leasing round ...

Energy major ExxonMobil will join the Scottish 'Acorn' carbon capture and storage project, which aims to store 5 million to 6 million mt of carbon emissions each year ...

US crude stocks fell for the eighth successive week last week, taking total inventories to the...

he Abu Dhabi National Oil Company (ADNOC) announced Wednesday further investment in its offshore sector support its production capacity expansion...

Thawing permafrost could cause Trans-Alaska Pipeline to rupture as ground shifts below it...

Energy major Shell and China state-owned PetroChina have agreed the world's first long-term contract for the supply of LNG ...

A consortium of industrial companies including energy majors TotalEnergies and ExxonMobil has agreed to jointly explore the development of carbon infrastructure ...

The real cost of global carbon emissions falling 6.3% last year , the level needed to meet the Paris Climate Agreement, was an eye-watering $1400 mt....

Stocks of middle distillates in Singapore fell 16% in the week ending 7 July, dropping by 2.2...

Australian Woodside Energy has completed the acquisition on a project set to yield 100,000 bpd of crude from 2023

French energy giant TotalEnergies will stop using palm oil at its biorefineries from 2023, said CEO Patrick Pouyanné Monday, switching out the feedstock for more expensive alternatives ...

China's two biggest energy firms are set to unveil 1H 2021 profits, reversing 2020 losses....

Maersk to be able to run container vessels with methanol by 2023....

Shell is planning to sell its stake in Aera Energy, as it continues to shrink its fossil fuel portfolio ...

Norwegian energy compnay Equinor to increase blue hydrogen output from its plant in Hull in the UK...

Australia's offshore oil industry lobby has slammed government plans to  impose a levy...

The UK's competition watchdog is set to open the case into the potential acquisition of IHS Markit...

London, (Quantum Commodity Intelligence) – Oil producer Saudi Aramco hiked its official monthly...