Oil Company News

Austrian integrated oil and gas company OMV reported a 4.8% increase in upstream production for Q1 at 495,000 boe/d ...

Equinor boosted profits in the first quarter amid higher oil and gas prices and one-of sales in wind farms, but its oil and gas production fell year-on-year...

Energy major Royal Dutch Shell's first-quarter oil production was down 8.7% on the year at 1.579 million barrels per day ...

French energy company Total saw hydrocarbon production fall 7% on the year due to unplanned maintenance...

China's super major joins a host of international oil companies booking reporting Q1 profits Thursday...

Production to increase at key North Sea field, Johan Sverdrup seen as contender for benchmark status…  

Sonatrach cuts the OSP on its flagship Saharan blend crude, following an earlier move on Saudi Arab Extra Light

Dubai's DXB reported a largely anticipated sharp fall in year-on-year passenger traffic, but jet prices responding to gradual demand recovery…

Refiners in India have postponed maintenance work as the country copes with the spike in Covid-19 infections...

Flows of tankers carrying oil products in and out of Rotterdam rebounded in the first quarter...

Norwegian energy major Equinor has completed the sale of its onshore US assets in the Bakken field to exploration and ...

Australian refiner and fuels and lubricants marketer Viva Energy announced Tuesday that its Q1 refining margin more...

South Korean refiner S Oil said Tuesday that its refining margins are expected to improve over the...

Saudi Arabia's navy was able to incept and destroy to boat before any attack on oil facilities could be launched...

Oil major BP said Tuesday global stocks are expected to decline and reach historical levels in....

The slump in UK retail demand since the coronavirus pandemic has led to a sharp fall in UK oil demand, leading to run cuts and job losses...

Trading giant Vitol adds to growing list of assets with stake in Norwegian green hydrogen project....

Libya lifts the force majeure after one week of reduced exports. The force majeure helped support the Brent market....

The restart of Norwegian energy giant Equinor's 18 million cubic metres per day LNG plant at Hammerfest will be delayed by ...

UAE's sovereign wealth fund set to invest in Mediterranean gas project,