Oil Company News

13 Feb 2024
Mexico's state-owned Pemex has had to shut units at its 190,000 bpd Madero refinery because of a gas leak...
12 Feb 2024
Galp's 220,000-bpd Sines refinery is expected to run interrupted this year and will be able to fully capture refining margins...
12 Feb 2024
Consolidation in the US shale industry is set to continue as Diamondback said it would buy Endeavor Energy in a deal worth as much as...
12 Feb 2024
Exxonmobil's 191,000-bpd refinery at Botlek Rotterdam has been closed over the weekend for planned two-month maintenance...
12 Feb 2024
CEOs of two of the biggest energy majors dismissed reports that oil demand...
9 Feb 2024
A US shale gas producer plans to market 3% of its output this year as carbon credits and other types...
8 Feb 2024
US Independent producer Devon Energy has made moves to acquire fellow independent driller Enerplus...
8 Feb 2024
Shipping giant A.P. Moller-Maersk said the current rerouting of its fleet to avoid using the Red Sea will likely last at least several more weeks...
8 Feb 2024
Japanese oil refining and petrochemical cracking major Cosmo Energy Group is aiming to ramp up the production...
7 Feb 2024
The recent slump in global natural gas prices has started to boost industrial demand in both Europe and Asia, which could provide price support later this year, while the supply...
7 Feb 2024
Australian oil and gas producers Woodside Petroleum and Santos have called off a proposed merger, just two months after plans were announced...
6 Feb 2024
Japanese trading firm Mitsui will initially maximise the use of LNG as a fuel to propel its fleet and shift gradually to other...
6 Feb 2024
Quantum Commodity Intelligence – The biggest oil refining and petrochemical complex in Malaysia has been shut due to...
5 Feb 2024
Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...
5 Feb 2024
Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...
5 Feb 2024
A Russian refinery at Volgograd was struck by two Ukrainian drones on Saturday morning, with a fire damaging the Lukoil-owned refinery in the...
5 Feb 2024
Chile's second-largest oil refinery has halted operations due to a massive wildfire that has cut power supplies since
2 Feb 2024
US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...
1 Feb 2024
Profits made by Shell's natural gas and LNG unit may face a slowdown at the start of this year after east-west arbs have closed and...
1 Feb 2024
Losses at Austria's OMV beleaguered chemicals division swelled to €77 million in the fourth quarter from €36 million...
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