Oil Company News

The much delayed Trans Mountain Expansion (TMX) pipeline will likely begin line-fill in April in preparation for the start of exports...

US natural gas prices rebounded Monday as a second gas producer, EQT, announced output reductions...

Independent oil trader Trafigura has agreed to acquire Greenergy's European business from Brookfield Asset Management for...

The trading arm of Bahrain's national oil company is to partner with TotalEnergies in the trading and marketing of refined products from the Gulf State...

Japanese refiner Eneos, beverage manufacturer Suntory and the Japanese city of Arita signed an agreement to collect used cooking...

French giant TotalEnergies  announced a deal Thursday to supply Singapore's Sembcorp Industries with up to...

The owners of British Airways, Iberia and Aer Lingus – the International Airline Group (IAG) – said it would add around 7% to 2024...

Commodities giant Glencore has entered the race to buy the Shell Bukom refinery in Singapore, potentially pitting it against fellow top-tier trader Vitol...

Quantum Commodity Intelligence – Chinese demand for gasoline is expected to increase this year amid...

Vessel bunkering service provider TFG Marine is to start supplying fuel oil at Oman's Sohar...

Quantum Commodity Intelligence – Australia's Woodside Energy has entered a long-term agreement with the Korea Gas Corporation (Kogas) to...

QatarEnergy's plans to further boost its LNG export capacity will likely extend the bearish cycle in global markets for most of the...

Carbon sequestration and hydrogen technology are likely to take over from electricity as major drivers of decarbonisation in the European...

Banks and finance houses should not limit access to funds that could provide poorer nations with cheap energy that will help...

Chevron's planned takeover of the Hess Corporation could be at risk due to ownership rights of a lucrative stake in a Guyana...

The US has sanctioned Russia's biggest tanker fleet operators as it looks to tighten enforcement of a range of measures aimed at restricting...

Austrian energy company OMV has signed off on the financing to build two green hydrogen units at its Romanian Petrobrazi oil...

German chemical giant BASF announced €1.1 billion ($1.2bn) in cost-cutting at its largest production site at Ludwigshafen after Europe, and specifically Germany...

Japan's largest power company JERA bought a 15.1% stake in Woodside Energy's Scarborough gas field and LNG project valued at around $1.4 billion while eyeing...

The proposed merger deal between the chemical divisions of Adnoc and OMV have stalled with the two sides running into a number of disagreements...