Oil Company News

Elliott Investment Management has built a stake of nearly 5% in RWE and called on the German utility to significantly ramp up its share...

Alon has started planned maintenance on the fluid catalytic cracking unit (FCCU) at its Big Spring refinery in Texas, with work expected...

China's Sinopec plans to boost crude oil throughput this year even as profit margins shrink and fuel demand slows amid the rapid...

Saudi Arabia's Aramco is expanding its presence in Peru, Ecuador, and Colombia, with the $3.5 billion acquisition of South American retail...

Shell reached its Final Investment Decision (FID) for the offshore, deep-water Brazilian Gato do Mato project in the pre-salt area of the Santos...

The Panama Canal Authority has yet to issue guidance on how its Low-Carbon Transit Slot scheme will work with just 10 days to go...

Nominations to ship on North America's Enbridge Mainline crude pipeline system in April were not apportioned...

ExxonMobil has lodged a formal protest with federal regulators over Colonial Pipeline's plans to change...

Climate activist investor Follow This has called for a shareholder vote against BP Chairman Helge Lund's reappointment...

A North Dakota jury has ordered Greenpeace to pay $667 million in damages to Energy Transfer after ruling that the environmental group...

Motiva Enterprises plans to restart the fluid catalytic cracking (FCC) and alkylation units at its Port Arthur refinery on Thursday following...

A Chevron executive said company investments in the renewable fuels space are on hold as the company awaits clarity on federal tax incentives...

BP appears to have loaded its first LNG cargoes from the Greater Tortue Ahmeyim (GTA) project located offshore Mauritania and Senegal...

America's largest state of Alaska will see growth in its crude oil production next year for the first time since...

European chemical firms LyondellBasell and Covestro have announced the permanent closure of a styrene monomer...

CMA CGM has renewed an agreement with the Maritime and Port Authority of Singapore (MPA) to advance sustainable shipping and innovation...

Partners for a project to transport crude oil from Hardisty, Alberta, to Patoka, Illinois and then to Energy Transfer's...

Mexico's PMI has raised its so-called K factor used in its formulas to price nearly all its grades sold internationally...

Chevron has bought 15,380,000 of Hess Corp common stock at existing market prices in open market deals, the major said in a filing with the Securities and Exchange Commission (SEC)...

Mining explosives producer Orica has called for Australia to introduce a gas reservation policy to bolster the competitiveness of the country's domestic manufacturing, especially its nitrogen-based chemical output...