Oil Company News

Vitol announced on Thursday, that its Singapore-based subsidiary, Vitol Bunkers will collaborate with Danish maritime technology company ZeroNorth...

Polish refiner Orlen's Chief Executive Daniel Obajtek was dismissed from his post by the company's supervisory board...

US refiner Phillips 66 plans to cease processing crude oil at its 120,000 bpd refinery in Rodeo, California...

The municipality of Greenview in Canada has penned a memorandum of understanding (MoU) with Interprovincial Fuel Solutions to develop a petrochemical facility..

A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...

ExxonMobil will shut two of its five European refineries for scheduled works this Spring, removing around 320,000 bpd of combined...

US commodity brokerage StoneX on Tuesday said it is the first clearing and trading member of Abaxx Exchange, the...

Seoul-headquartered oil refining major S-Oil has started producing low-carbon fuels such as sustainable aviation fuel (SAF) and...

PetroChina's international business division has signed a strategic cooperation agreement with Chinese local biofuel producer...

Shell announced this weekend that it had suffered an unplanned outage at its 400,000-bpd...

China's biggest oil refiner Sinopec has hiked jet fuel output from its Shanghai refinery as air travel demand is...

The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...

A Japanese oil company has started selling fuel products to corporate clients including carbon credits to cover…

Around 100 offshore drillers employed by Odfjell Technology working on Equinor's Mariner platform...

Crude throughput by China's biggest oil refiner Sinopec jumped in 2023 thanks to a surge in kerosene output as...

Russia plans to upgrade domestic refining capacity and boost production of gasoline and diesel by a combined 25% in the next four years...

Australian energy producer Santos is set to face delays to its troubled Barossa gas project in the Timor Sea...

The UK government is unlikely to adjust the current cap on sustainable aviation fuel (SAF) produced from HEFA feedstocks such as used cooking oil (UCO)...

Repairs at Novatek refinery at Ust-Luga after a drone attack on Russia's Baltic Sea coast could take as long as two months, knocking out...

China's third-largest state-owned oil company CNOOC is looking to boost its crude output to a new record high in 2024 to match...