Oil Company News

ADNOC chief executive sees oil demand back to 95 million bpd, in a sign the demand recovery is on track despite India setback

Mitsui Chemicals will use waste-based bio-naphtha supplied by Neste to produce renewable plastics on an industrial scale ...

Oil major Shell has sold its gas exploration  business SPEX – a 100% owned joint venture...

Nigeria's government is considering its options regarding energy major Shell's planned divestment of onshore operations in ...

Energy majors Eni and BP are to explore combining their upstream assets in Angola, including oil, gas and LNG ...

French airline Air France-KLM operated its first long-haul flight operated on sustainable aviation fuel (SAF) Tuesday ...

Russian energy major Lukoil produced 2.152 million boe/d of oil and gas in the first quarter this year, up 4.2% from Q4 ...

The pipeline operator was forced to pay $5 million to hackers who had paralyzed the main fuel artery on the US East coast...

BP shareholders voted in their largest number yet at the company's Annual General Meeting this week in favour of ...

US refiner Phillips 66's shareholders voted in favour of the company setting and reporting on greenhouse gas emissions ...

Firmer distillate margins and a wide Brent/Dubai spread underpin Asian light sweet crudes

Electric vehicle maker Tesla wants to enter the market for biofuel credits in the United States, known as Renewable ...

Chinese state-controlled oil major Sinopec has signed a strategic cooperation agreement to develop the country's hydrogen ...

he resurgence of Covid-19 has delayed the recovery in worldwide oil demand, but a second half year surge will leave supplies tight...

Saudi Arabia has informed most Asian refiners of full lifting allocations for June, Saudi seen continuing to unwind voluntary production cuts…

Fire broke out at one the world's largest oil fields, but is quickly brought under control

Qatar's state-owned petroleum company, Qatar Petroleum, has set its Official Selling Price (OSP) for marine crude oil in May at…

The Netherlands has made a grant of around €2 billion in subsidies for what is planned to be the world's largest carbon ..

International Airlines Group (IAG), the owner of British Airways, Vueling and Aer Lingus, will hedge far less of its jet fuel demand in the future

India's state-owned refiners have requested increased volumes from Saudi Aramco, drawn by lower prices by the world's ...