Oil Company News

BP on Thursday announced it has safely delivered its first gas from the Cypre development offshore Trinidad and Tobago...

Sinopec has completed a major upgrade at its 230,000 bpd Hunan refinery, adding new aromatics and gasoline reforming...

A federal regulator has temporarily halted Colonial Pipeline's proposed tariff that would end the transportation...

Enbridge's Line 5 has resumed service after a planned turnaround on Tuesday, company spokesman Ryan Duffy said...

Tightening US sanctions against Iran and Venezuela threaten to reverse recent production gains, analysts at Saxo warned on Wednesday...

Russian oil pipeline operator Transneft suspended oil loadings at a single mooring at the Black Sea port of Novorossiysk for 90 days on...

Enbridge's Line 5 resumed service late Monday after power was restored, but the system was brought...

Independent commodity trader Gunvor reported on Tuesday a 42% decline in profits last year as global oil prices retreated further from recent...

Sinopec's refinery throughput declined 2% in 2024 as the Chinese oil major grappled with falling domestic demand for diesel and a...

Saudi Aramco has rolled its April official selling prices (OSPs) for liquefied petroleum gas (LPG) unchanged from March...

Trading giant Trafigura has agreed to a $75.8 million settlement to resolve a civil dispute related to a decade-long bribery scandal in Brazil, the...

Shell has sold its Singapore refining and petrochemical assets to CAPGC, a joint venture between Glencore's Asia arm and Chandra Asri Capital, as the UK-listed...

Enbridge shut its Line 5 pipeline Sunday afternoon after severe weather tripped power supply across northern Michigan, according to a spokesman Ryan Duffy.

Vitol-backed Varo Energy has announced a deal to buy Sweden's Preem, in a deal that will make it the region's top refiner...

A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...

PetroChina's refining and fuel sales profits fell sharply in 2024 as the country's accelerating shift toward electric vehicles and LNG...

Equinor's Johan Castberg oilfield in the Barents Sea has started production, the Norwegian energy company announced on Monday, following...

BP has made a Final Investment Decision (FID) for a gas project and made headway into another discovery...

Enbridge expects to federal and state permitting and challenges against some awarded permits for its Line 5...

Activist investor Elliott Management has built a short position in UK-headquarter Shell, in the latest move involving a European oil major...