Oil Company News

Colonial Pipeline has frozen nominations for cycles 15 and 16 into the Curtis Bay section of the Port of Baltimore...

The former chief of Glencore's oil trading division has lost his battle with UK government over the tax rate on £150 million worth of payments...

The 27.5% stake in Russia's Sakhalin-2 LNG project previously owned by energy major Shell is set to be transferred to state-run Gazprom...

Energy trading giant Vitol saw its 2023 revenues fall over 20% on the year as volatility in the market pulled back from unprecedented highs...

Japan's largest oil refiner Eneos Corp has shut one of the crude distillation units at its Kawasaki refinery on the outskirts of...

China's biggest oil producer PetroChina is to produce less crude oil in 2024 amid...

Vietnam's biggest oil refiner Nghi Son Refinery and Petrochemical will further increase its operating capacity to ensure...

Ukrainian drone strikes on Russia's oil processing infrastructure resumed over the weekend...

China's state-owned energy giant Sinopec is aiming to increased the production of refined products by 2% in 2024, despite a drop in 2023 annual profits...

The UN's global shipping agency has this week agreed some of the contours of a possible draft outline of various methods to deliver next year on tougher decarbonisation targets

ExxonMobil's Gravenchon refinery in Port Jerome is running at around half its capacity after a fire nearly two week ago...

Japanese trading house Mitsui and Tokyo Gas has successfully completed the first delivery of biomethane to Japan earlier this week, announced Mitsui on Friday...

Pemex was forced to close certain units at its 312,5000 bpd Deer Park refinery on Thursday...

Norway's Equinor has completed an appraisal at the Heisenberg the oil and gas well...

India's Reliance Industries has halted oil imports moved by Sovcomflot after the US targeted Russia's largest tanker operator with...

Chinese demand for refined oil products could fall sharply in the coming years as Beijing continues to expand...

Kuwait is set to embark on offshore drilling for the first time, as the small GCC state looks to tap oil and gas reserves located...

Spanish energy utility Iberdrola is suing energy producer Repsol for misleading advertising and unfair competition practices related to...

Oil and gas executives attending this week's CERAWeek in Houston remain relatively upbeat on the outlook for global LNG markets...

Energy major Shell on Tuesday said a fall in a key energy metric last year was partly the result of an almost fivefold increase in the...