Oil Company News

US company New Asean Energy (NAE) and technology firm Actual are eying producing feedstocks for sustainable aviation fuel and...

China's National Offshore Oil Company (CNOOC) on Tuesday announced another large...

BP has restarted its 450,000 bpd Whiting refinery in Illinois more than six weeks after a power...

A US appeals court has temporarily paused new rules issued by the US Securities and Exchange Commission requiring publicly-listed companies to disclose climate-related risks...

Adnoc Gas has signed a second long-term deal in preparation for its new low-carbon liquefied natural gas (LNG) project...

ExxonMobil has announced a further discovery in the lucrative offshore Guyana project, cementing the South American country's status as...

Emissions of methane from oil and gas emissions in the US could be three times what is disclosed in official data...

Portugal's Galp said Friday it has drilled a successful appraisal and exploration probe at its Namibian Orange basin concession...

Italian shipper d'Amico International Shipping will order only new vessels with conventional engines, able to run on biofuels to grow...

trikes announced by the Central Organisation of Finnish Trade Unions (SAK) will affect the distribution of fuels from Neste's 200,000 bpd Porvoo...

Energy giants Adnoc and BP have paused plans announced last year to acquire a 50% stake in Israel's NewMed Energy...

Germany energy company Uniper and energy firm Phillips 66 announced plans to build a green electrolyser near the Humber Refinery in the northeast of England to lower...

Saudi Aramco announced plans to boost its natural gas production by 60% by the end of this decade in a bid to wean the Kingdom off the direct burning of crude oil in its...

Quantum Commodity Intelligence – Saudi Aramco is looking for more opportunities to invest in China as its CEO Amin Nasser said...

The world's largest energy company, Saudi Aramco, saw a steep drop in 2023 profits following lower oil prices, although capital expenditure is set to grow...

BP's greenhouse gas emissions rose around 2% overall in 2023 as start-ups of new projects outnumbered the impact of a smaller carbon footprint...

Chinese state-owned China National Offshore Oil Company (CNOOC) has unveiled a new oil reserve discovery containing...

Saudi Arabia has transferred a third tranche of shares in energy giant Saudi Aramco from state ownership to PIF...

ExxonMobil has started the legal progress in a bid to acquire the rights to Hess's prized assets in Guyana...

Quantum Commodity Intelligence – South Korea's top petrochemical crackers are in the process of shrugging off their loss-making cracking facilities to pave the way for...