Oil Company News

Eni's profits over the third quarter surpassed initial expectations, according to its Q3 report Friday, as the output remained resilient amid...

Neste has cancelled plans to build an electrolyzer to produce renewable hydrogen at its Porvoo refinery in Finland...

Lower global refinery utilisation rates and expectations of demand growth out to the year-end should start to boost struggling cracks...

TotalEnergies is restarting an unspecified unit at its 220,000 bpd Donges refinery on the French Atlantic coast

US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...

The 110,000 bpd Atyrau oil refinery in west Kazakhstan has started operations ahead of schedule after a scheduled overhaul, the company...

Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...

Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...

A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...

Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...

Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...

A UK climate law group has complaint against the world's biggest asset manager for allegedly misleading investors with its sustainability claims..

Brazilian state-controlled oil giant Petrobras has publicly pledged to increase its support for carbon markets, albeit linking its credit appetite to....

US oil refiner Phillips 66 announced Wednesday that it will shut operations at its 139,000 bpd Los Angeles refinery before the end of next year...

Australia's Woodside Energy announced record quarterly gas and oil production during the Q3 2024 period, underpinned by...

Escalations in regional conflicts have revealed open wounds in our current global energy climate, according to the IEA...

TotalEnergies has warned investors of underwhelming downstream results this quarter, citing weak refining margins that have gripped the...

Australian refiner Ampol will perform additional maintenance at its Lytton refinery next month as it struggles with weak margins, with cracks...

TotalEnergies is restarting units at two of its French refineries after completing scheduled maintenance...

Shipments of gasoline to Nigeria slumped in the first two weeks of October, S&P Global Commodity Insights vessel-tracking data showed Tuesday...