Oil Company News

OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...

Russia's Litasco has denied it is in talks to sell its Bulgarian refinery to a British-Qatari consortium, first reported last week...

An appeals court in the Netherlands has overturned a 2021 ruling that compelled...

Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...

ADNOC Gas delivered robust earnings over the third quarter as rising prices and accelerating global demand bolstered margins...

otalEnergies said Monday it was restarting units at its 240,000 bpd Gonfreville refinery in Northern France after carrying out maintenance...

International Airlines Group (IAG) delivered a strong performance over the third quarter, financial results showed Friday, as robust summer...

Emergency services were called to inspect reports of a leak of benzene gas at Cenovus Energy's Lima refinery on Thursday...

An outage at Greek refiner Motor Oil's Corinth 200,000 bpd refinery has damaged one its crude distillation units and repair work will last...

BP has announced plans to sell its fuel stations and EV charging infrastructure across the Netherlands as the company seeks to...

Saudi Aramco reported a 15% slump in third-quarter profits for 2024 versus last year amid lower prices...

Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…

South Korean oil refiners are more upbeat on refining margins for the rest of the year, despite a sharp retreat in the third quarter...

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...

TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

Addax Energy will be Tanzania's largest refined products suppler in 2024...

LyondellBasell has started shuttering its Houston refinery and is considering turning the 106-year-old facility into a biorefinery...

ExxonMobil's French subsidiary Esso announced Thursday it had completed the sale of its Fos-sur-Mer refinery...

Saudi Aramco's contract prices for LPG to customers in Asia are set to diverge this month as propane levels were lifted to an...