Oil Company News

An incident reported at the Fos-sur-Mer refinery outside Marseille in France over the weekend has had no impact on output, the company...

Shell has halted operations at an oil processing unit at its Pulau Bukom refinery in Singapore to investigate a suspected leak, the...

Indian refiner Bharat Petroleum Corporation Ltd (BPCL) is set to invest $11 billion in a new refinery and petrochemical complex in...

Eni has switched on its €100 million HPC6 supercomputer over Christmas, marking a major investment in proprietary technology to...

The Aleksey Kosygin, Russia's first domestically built ice-class LNG carrier, has begun sea trials from the Zvezda shipyard near Vladivostok...

Japan's Taiyo Oil is set to close two of its crude distillate units at the 138,000 bpd Shikoku refinery this week for a scheduled...

Indian Oil Corporation (IOCL) will invest $7 billion to develop a naphtha cracker complex in Paradip, a port city in eastern India's Odisha state...

Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...

Nigerian officials have approved the sale of Shell's onshore assets to local company Renaissance in a deal worth up to $1.3 billion deal...

Commodities giant Glencore has hired the former BP trader Aditya Ravavarapu to head up its Singapore-based crude team...

Vitol, the world's largest independent oil trader, is expanding into the circular economy with a deal to buy a majority stake in WPU, a...

US refiner HF Sinclair said it had extinguished a fire at its 125,000 bpd Tulsa plant late Monday...

Canada's Suncor is restarting its 85,000 bpd Sarnia refinery after a unit malfunction last week...

Union workers at Marathon Petroleum's 140,000 bpd Detroit refinery have voted to ratify a new labour agreement, ending a strike that had...

QatarEnergy is set to acquire a 27.5% working interest in Block 2813, offshore Namibia under a new agreement with...

Pengerang Energy Complex (PEC) has delayed its operational start to late 2028, with construction now expected to begin by mid-2025...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Kosmos Energy's possible takeover of the UK's Tullow Oil would merge two similarly sized, West Africa-focused hydrocarbon producers...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...

Austrian energy company OMV has severed its long-standing natural gas supply contract with Gazprom, citing "multiple fundamental...