Oil Company News

Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...

Poland's Orlen reported its worst results in six quarters on Tuesday as eastern Europe's...

An ageing oil tanker being used for floating production storage and offloading (FPSO), which exploded and sunk off the coast of Nigeria in...

Israel's Energy Ministry has awarded a total of 12 licenses in the latest exploration found for natural gas in the eastern Mediterranean...

Portugal's Galp raised its full-year profit guidance on Monday as refinery margins doubled...

ExxonMobil is set to further ramp up production from Guyana this year with the startup of the Payara field in the lucrative Stabroek block...

US-based energy company ExxonMobil has left its estimate for oil production...

TotalEnergies has shut unspecified units at its 240,000 bpd Gonfreville refinery in Normandy...

US oil major Chevron produced a record volume of fossil fuels in Q3 on the...

The freight rate to ship goods along the entire length of the Rhine River has tumbled nearly 20% this week as water levels...

US oil refiner Valero will ramp up its fleet of 14 refineries across the US during the fourth quarter, after its Q3 estimates came...

Finnish renewable fuel producer Neste plans to sell between 500,000 mt and 1 million mt of sustainable aviation fuel (SAF) next year ...

Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...

British energy major Shell said it will cut 200 jobs in its Low Carbon Solutions business unit next year, and put a further 150...

Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...

Iraq has unveiled plans to cut greenhouse gas emissions associated with gas flaring, which it said will be the…

Pakistan's national carrier was forced to cancel nearly all its flights on Sunday after the state...

The recent run of long-term LNG deals from the Middle East has continued with two more supply contracts from...

Staff were evacuated from a North Sea drilling rig over the weekend after several of its anchors came loose during Storm Babet...

The limit on the cargo river barges can carry around the Middle Rhine chokepoint of Kaub will double in the coming week...