Oil Company News

The Dubai-based LNG trading firm, H-Energy, has been liquidated after defaulting on trading losses, according to ...

Saudi Aramco has agreed to sell a large minority stake in its pipeline assets for $12.4 billion...

Energy major Valero is expecting negative profits for the first quarter of the year after a winter storm in February, the ...

French energy major Total has started production of sustainable aviation fuel (SAF) and will start supplying French airports ...

U.S. energy giant Exxon is looking at closing its 120,000 barrel per day Slagen oil refinery in Norway, the company said ...

Energy major Chevron's shareholders will be permitted to vote on proposals setting out emission reduction targets, after ...

Norwegian ship and terminal owner Stoldt-Nielsen will trial marine biofuel made from waste products in both engines ...

Royal Dutch Shell is expecting to report a return to profitability for its upstream business for the first quarter, the first time ...

Royal Dutch Shell has invested an undisclosed sum in sustainable aviation fuel (SAF) technology company LanzaJet...

US investment bank Goldman Sachs said a return to Iran as a large global exporter of crude oil...

Global energy trader Vitol posted 2020 revenues of $140 billion on Tuesday, down $85 billion in a year...

Oil major BP's financial performance is set to exceed target in Q1 due to a combination of asset sales, a favourable price ...

Saudi Aramco has increased Official Selling Prices (OSPs) for all Asia-bound crude oil in May, but cut differentials for a number ...

Government-owned port operator Jurong Port has completed the acquisition of a stake in a major oil terminal owned....

The US oil major Chevron announced Tuesday plans to double its return on capital employed by 2025, while at the same ...

Italian oil major Eni is planning to create a separate business unit for its retail and renewable energy businesses ...

The first-ever carbon neutral cargo of liquified natural gas (LNG) in Europe was delivered by Russian energy giant Gazprom ...

The rally in oil futures has yet to feed through into the U.S. drilling industry with Baker Hughes reporting....

The head oil major Total said Monday it could take two years for the world's economy to recover...

State-owned Saudi Aramco has hiked its official selling prices for most of its crudes headed to Asia...