Oil Company News

Beijing has issued its second batch of export quota for refined oil products this year at 14 million mt, according to...

Exports of LNG from the Chevron-operated Gorgon processing plant in Australia are set to fall during May after a technical problem...

US energy firm ConocoPhillips increased total oil and gas output to 1.9 million boepd in Q1, up 2%...

The rally in high sulfur fuel oil margins showed no sign of slowing down this week as bullishness for the sector was given a further boost by a...

Russia's gas giant Gazprom swung to a massive $7 billion loss last year, its biggest in at least a quarter of a century...

Quantum Commodity Intelligence – ExxonMobil's $60 billion acquisition of Pioneer Natural Resources will go ahead, but Pioneer's CEO Scott Sheffield...

A strong performance from Shell's massive natural gas unit and a return to profit downstream...

Deliveries of physical crude in the Platts Market-on-Close (MOC) Dated Brent window set a new record in April, while underlying volumes...

Gasoline deliveries made in April by India's three state-owned companies rose 12.3% on the year, while diesel deliveries fell...

S refiner Marathon Petroleum expects oil demand growth of between 1.2 and 2 million bpd over the next few years...

Traders at ExxonMobil's Brussels office staged a walkout Tuesday in protest over plans to move the entire team to London...

Portuguese oil producer Galp said Tuesday it would need a partner to help develop its huge Namibian discovery and provide most of the...

Venture Global LNG is likely to start operations at its Plaquemines LNG facility in the coming months, according to a filing to the US...

Polish Prime Minister Donald Tusk has called on the country's prosecution and security services to look at alleged connections...

US energy giant ExxonMobil is in talks with Turkey to supply LNG, helping the eastern Mediterranean country to reduce it its dependence...

The UAE's Dana Gas, one of the largest private natural gas companies in the Middle East, has temporarily suspended gas production...

Saudi Aramco has further strengthened ties with China's Rongsheng Petrochemical Co...

China's biggest oil refiner Sinopec posted weaker profits in the first quarter of this year as fierce...

Quantum Commodity Intelligence – South Korean oil refiner SK Earthon's jointly operated offshore oilfield in the South China Sea is expected to...

US natural gas giant EQT is to extend current production cuts until at least the end of May but also flagged the likelihood of a further...