Oil Company News

Growth in ExxonMobil's chemicals business and record refinery throughput helped offset a sharp fall...

Q2 profits at Italian energy major Eni tumbled 49% on the year from last year's bumper profits but beat their...

Spanish energy company Cepsa reported a loss in its second quarter report Friday as oil prices and...

US refiner Valero extended its bullish view for oil products as it reported record second-quarter sales..

The volume of crude and liquids produced by oil major Shell fell 4% in the first six months of the year...

Oil majors and refiners across Europe and the US reported sharply lower revenues and profits for the three-month period ending...

French oil giant TotalEnergies has started drilling the first wells in its huge Uganda project, which has faced widespread criticism...

Russia's largest independent gas producer Novatek is on course to overtake Gazprom as country's leading gas supplier to Europe with LNG production from...

Budget carrier Easyjet followed up a similar quarterly report from United Airlines on Thursday in reporting...

QatarEnergy's confirmed Tuesday its net income rocketed by 58% in 2022 to 154.6 billion riyals ($42.45 billion) on surging international energy prices...

The refining margins across TotalEnergies' European fleet of oil refineries fell for a fourth straight quarter...

Oil product deliveries from Mexico's state-owned producer Pemex were curtailed in May...

US oil major ExxonMobil has deepened its involvement in the carbon capture and storage (CCS) business by acquiring...

An unplanned outage at Shell's Wesseling refinery in western Germany has added to regional supply...

Enoc has signed has signed a long-term condensate supply agreement with QatarEnergy to supply feedstock for its condensate splitter...

Austrian refiner OMV has become the latest oil company to cut its earnings guidance for its products business...

Austria OMV will continue to buy the majority of its natural gas from Russia this coming winter, its CEO...

A delayed oil and gas production deal between Iraq and TotalEnergies has got the green light after two years of...

tate-owned Pemex said around 700,000 barrels of oil production was shut-in after a deadly...

Energy major Shell has warned investors it expects a big hit to its biggest profit-making unit...