Oil Company News

Cathay Pacific Airways reported sustained growth in December as robust consumer demand met accelerating business activity to spur...

The International Energy Agency (IEA) has warned that global natural gas markets will remain tight over the year ahead, with demand...

Volumes of Canadian crude exported via the TMX pipeline could increase as the threat of US tariffs boosts demand for available capacity...

The UK's Pod Point Group warned investors on Monday to expect underwhelming results in 2024, citing weak demand for electric vehicles (EVs)...

Six US refiners have filed 11 petitions to avoid blending mandates in the US, the Environmental Protection...

Brazil's state-ran energy giant Petrobras said Friday it produced record gasoline and low-sulphur last year...

TotalEnergies saw a $10/mt recovery in refinery margins last quarter, but warned the downstream environment remains weak...

China's state-owned CNOOC and Shell have greenlighted an investment to expand a jointly owned petrochemical...

China Petroleum Pipeline Engineering issued a tender for construction materials to be used for the nearly 1,450-km EACOP pipeline project...

The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...

BP has added its name to the list of refiners warning investors of underwhelming results for the fourth quarter, citing weaker refining margins...

Motiva is set to begin a two-month overhaul of its 81,000 bpd fluidic catalytic cracker (FCC) at the 626,000 bpd Port Arthur refinery in Texas...

India will achieve its 20% ethanol blending in gasoline target by October, the end of the current ethanol supply year, while crude oil demand...

Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...

Kinder Morgan resumed operations of its SFPP West and CALNEV fuel pipelines on Friday, after being shut since 8 January due to...

Kinder Morgan has temporarily halted operations of its SFPP West and CALNEV pipeline systems in Southern California due to power outages...

Shell and Chevron have kicked off oil production at the Whale platform in the US Gulf of Mexico, adding a new stream of barrels from...

TotalEnergies is set to drill its first exploration well in Suriname's Block 64, the company's country manager said Wednesday, marking a significant...

Shell will take a $400 million hit on one of its major offshore ventures in Namibia after the project was deemed commercially unviable...

Global air cargo demand stabilised in November, offering a tentative sign of recovery in a market still grappling with weaker trade flows...