Oil Company News

Armed forces have declared they have taken control of oil producer Gabon, raising questions over stability...

Shell's run of hitting sweet spots in exploration off the coast of Namibia may have come to an end after a more speculative probe failed to find...

The world will fail to reduce its carbon emissions sufficiently to limit global warming below 2 degrees...

Staff were evacuated from Chevron's Gulf of Mexico rigs on Tuesday as a precaution ahead of the arrival of Hurricane...

Italian energy major ENI has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d'Ivoire...

China's state-owned refining giant Sinopec is expecting its sales of refined oil products in the domestic market to grow in...

The Biden administration on Friday said indicated that it might provide funding for expanding carbon dioxide...

Emergency crews were responding to a fire at a storage tank and a naphtha release at Marathon Petroleum's...

Cracker utilization rates in Japan and output of some chemical products fell to fresh lows last month..

Prompt European natural gas futures slumped heavily in early Thursday trade after Woodside Energy reached a settlement with unions...

Poland's largest energy group Orlen posted a 27% jump in quarterly profits on Thursday...

Prompt European natural gas futures slumped 14% Wednesday on hopes that last-ditch talks would avert potential industrial action...

UK energy regulator Ofgem has hit Morgan Stanley & Co. International plc (MSIP) with a £5.4 million fine for unauthorised communications via WhatsApp...

Energy major Shell has hired investment bank Goldman Sachs to explore the potential sale of its Singapore refinery and...

Japan's distillate stocks jumped last week as domestic refinery runs were broadly flat over the period...

Platts, part of S&P Global Commodity Insights, said in a market note Tuesday that it will not publish Asian price assessments...

Australia's Woodside Energy remains upbeat on prospects for avoiding crippling strike action that is set to derail the company's offshore natural gas output and LNG exports...

Brazilian and Thai petrochemical companies Braskem and SGC Chemicals have formed a joint venture aiming to build a...

Norwegian DNO reopened its Tawke crude oil field in Kurdistan last month after being shut in for four...

Adnoc Gas has inked a five-year deal to supply Japan Petroleum Exploration Co (Japex) with LNG, the company announced...