Oil Company News

Commodity trader Trafigura has sold what it say is the first carbon offset naphtha cargo...

Norwegian oil and gas upstream company Lundin has made what it said is the world's first-ever sale of crude oil with a carbon ...

Oman's third refinery is on schedule to start operations in 2022....

Oil major Total has declared force majeure on its $20-billion liquefied natural gas plant in Mozambique...

Russian petrochemical producers Sibur and TAIF are to merge businesses in a deal that will see the new entity...

NYC has filed a lawsuit against the three oil majors for violating the City's consumer protection laws, Exxon refutes claims.....

Japanese vehicle producer Honda announced Friday that it plans for 100% of its new vehicle sales to be powered by battery ...

Essar Oil UK, the owner of 210,000 b/d Stanlow refinery has been thrown a £400m lifeline by the taxman...

Essar Oil UK, the owner of Stanlow refinery, hopes to clinch further financing by the end of June to strengthen its ...

US refining major and biofuel producer Valero's Q1 refining throughput was down 15% on the year at 2,410 barrels per ...

British Airways owner IAG is to power 10% of its flights with sustainable aviation fuel by the year 2030 the company ...

China's National Offshore Oil Company's (CNOOC) Q1 production rose 4.7% in the first quarter...

Energy major Shell said Wednesday it is to carry out a feasibility study for the use of hydrogen fuel cells in shipping in a first ...

ExxonMobil has urged the US government to support plans to create a hub for carbon capture...

A new European energy trading platform, called Sphirra, was officially launched today and saw its first trade...

Exxon Mobil has proposed creating a huge carbon capture and storage (CCS) project in the Gulf of Mexico....

SOMO awarded its Basra Medium tender to a trader at around May OSP +$0.35

Saudi Arabia's new Jazan refinery is ramping up, with a total 8.72 million barrels of crude discharged in March...

Commodity trading house Trafigura will take control of more than 90% of shares in imperiled mid- and down-stream energy ...

Apollo Global Management is one of the parties in talks to provide about £400m in funding to Essar Oil UK...