Oil Company News

Two North Sea pioneers are set to offload further assets off the UK coast, with independent producer Viaro Energy set to snap up around...

US energy major ConocoPhillips will acquire Marathon Oil, in a deal that values the Houston-based company at just above $22.5 billion...

The Caspian Pipeline Consortium (CPC) expects flows on its infrastructure running from Kazakhstan to the Black Sea to come in 7%...

Australian energy producer Santos has signed an LNG agreement with Japan's Hokkaido Gas Company to supply cargoes from 2027...

Shareholders of Hess Corporation have approved the company's proposed $53 billion takeover by Chevron, with the deal subject to a legal challenge...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

BP and Shell have agreed to sell their defunct Sapref refinery in South Africa to state-owned Central Energy Fund...

Finland-based biofuel and feedstock provider Neste has struck an agreement with Japanese chemicals company Resonac on the...

South Korean refiner HD Hyundai Oilbank will begin co-processing to produce sustainable aviation fuel and bionaphtha...

India's April crude oil refining pulled back about 8% from March's record high through April as a series of scheduled turnarounds at the...

Japanese energy company Cosmo Oil has started to wind down operations of the No2 crude distillation unit (CDU) at its Chiba refinery...

Two European banking giants have exited the market providing bonds that underwrite oil and gas deals...

Japanese shipping line NYK Line has begun a biofuels test run on its crude oil tanker on 2 May, the firm announced Monday...

Japan's biggest oil refiner has started a three-month-long planned maintenance at two of its refineries this month, with nearly 300,000...

LPG shipper StealthGas has been increasing its presence in the ammonia shipping market, with two of its 33 LPG carriers...

Brazil's Petrobras has officially scrapped plans to divest five domestic refineries as its new leadership shifts...

Container line Maersk has called for a global ban on new-build fossil fuel container ships to meet decarbonisation goals and argued for the...

The start date for the Golden Pass LNG plant on the US Gulf Coast is likely to face further delays after the lead contractor filed for Chapter 11...

Danish bunker and tanker owner Norden has carried out the first 100% biofuel bunkering in Singapore in cooperation with Japanese trading firm...

Energy giant TotalEnergies had greenlighted its major Kaminho deepwater project offshore Angola, which is expected to produce 70,000 bpd...