Oil Company News

11 Jun 2024
Indonesia's state-owned energy firm Pertamina will acquire a Brazilian ethanol and sugar producer to ensure a supply of finished ethanol...
10 Jun 2024
Austrian refiner OMV has announced the official start of biofuel co-processing at its 200,000 bpd Schwechat crude oil refinery...
10 Jun 2024
Indonesian oil refiner Pertamina was heard looking for spot deliveries of 800,000 barrels jet fuel via a tender on Monday in yet another...
10 Jun 2024
US driller Noble Corp has agreed to buy Diamond Offshore and a cash-and-stock deal worth around $1.6 billion...
7 Jun 2024
German biofuel producer Verbio is expanding its bio-LNG filling station network with renewable energy company BayWa to promote the fuel for...
7 Jun 2024
The Chapter 11 bankruptcy filing by the lead contractor on the Golden Pass LNG terminal will likely lead to a delay of at least least six...
7 Jun 2024
Indonesia can save up to IDR 244 trillion ($15 billion) in foreign exchange by implementing 40% biodiesel blending...
6 Jun 2024
A tanker carrying around 2 million barrels of US crude has been waiting over a month to discharge at Nigeria's new Dangote...
5 Jun 2024
The floating production, storage and offloading (FPSO) vessel that will be used for BP's new project off the coast of Northwest Africa...
5 Jun 2024
Taiwan's Formosa Petrochemical Corp is set to lower crude run rates this month as export margins for...
5 Jun 2024
Finland's Neste has ended a major turnaround at its Porvoo refinery, shut in April for scheduled works...
4 Jun 2024
Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...
4 Jun 2024
Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...
3 Jun 2024
Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...
3 Jun 2024
The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...
3 Jun 2024
Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...
3 Jun 2024
ExxonMobil was restarting an unspecified unit Monday at its Gravenchon refinery on French Atlantic coast...
3 Jun 2024
PBF Energy reported a fire at its 160,000 bpd Torrance refinery in California over the weekend
30 May 2024
Ammonia production in Trinidad and Tobago hit its lowest level since 2002 at the start of this year, although exports stood at just...
30 May 2024
NG export capacity from the Republic of Congo is set to grow more fivefold in 2025 after overseas shipments started in Q1 of this year...
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