Oil Company News

US refiner HF Sinclair said oversupply was the main reason it swung to a third quarter loss...

US refiner PBF Energy has responded to criticism from Californian lawmakers that have accused the company and its peers of ripping off...

Trafigura said it has uncovered  serious misconduct by individuals in its Mongolian business, resulting losses...

Australian oil producer Karoon Energy said October 2024 production at its recently acquired Who Dat oil and gas development...

Spain's governing Socialist party reached an agreement Thursday to scrap its energy windfall tax that has been heavily criticised...

European air travel decelerated again last week as demand continues its downward trend from seasonal summer highs, but was still sharply higher on the year. ...

Spanish oil major Cepsa has rebranded itself Moeve as part of its strategy to become a leader in sustainable energy and mobility and...

AkerBP's profits over the third quarter underwhelmed initial forecasts as scheduled maintenance across oilfields coincided with...

The US' largest refined products pipeline system, Colonial Pipeline, could be up for sale in a deal that would value the company and its...

US natural gas giant EQT has sold its remaining non-operated natural gas assets in Northeast Pennsylvania to Norway's Equinor...

Global energy major Saudi Aramco is exploring investment opportunities in Vietnam's oil market in a bid to streamline its crude flows...

Phillips 66's decision to shutter its Los Angeles refinery was not because California's increasingly difficult regulatory environment

Austrian oil producer and refiner has said that it is not financially dependent on Russian gas after having successfully diversified its import...

BP announced its lowest quarterly earnings since the Covid pandemic on Tuesday, weighed down by losses in oil trading and refining...

Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 19% increase in international passengers over...

Galp announced in its third-quarter earnings call a longer than expected drilling timeline for its four-well Exploration & Appraisal programme in...

Russian gas and LNG producer Novatek has shut the only operating train at its Arctic LNG 2 project and will cease commercial operations at...

Sinopec's profits over the third quarter declined by 52% over the year as lower energy prices met falling output...

China's oil giant PetroChina is shutting down its 410,000 bpd Dalian refinery amid weaker refining margins and is eyeing a new refining...

Energy major Shell is working to restart the hydrocracker at its 234,000 bpd Norco refinery in Louisiana on Friday after it was shut in...