Oil Company News

Saudi Arabian Oil Co. has appointed new presidents for both its upstream and downstream businesses, in a move that some Saudi watchers believe...

Three French NGOs are claiming an initial court victory in their attempt to bring a case against energy company TotalEnergies...

A fire has broken out Valero's 370,000 bpd Corpus Christi complex in Texas...

Formosa Petrochemical plans to cut refinery runs at its 480,000 bpd Mailiao in Taiwain by around..

India's state-owned Bharat Petroleum Corp unveiled plans Wednesday for an ethylene cracker at the refiner's 156,000 bpd...

Recent changes to Australia's Safeguard Mechanism policy are likely to increase the costs of a controversial gas...

Saudi Arabia is considering another multibillion-dollar offering of stock in its Aramco energy giant...

Pavilion Energy has taken delivery of its first liquefied natural gas cargo paired with a statement of greenhouse gas emissions...

Oil and gas producer Vermilion Energy cut its forecast for the second quarter...

Demand for bunker fuels from major shipping lines appeared to take a knock in the first three months of the year, with...

CEO of Spanish transportation and storage company Exolum has joined the chorus of European suppliers...

French banking group BNP Paribas said Thursday it will no longer provide any financing dedicated to the development of new oil and gas fields...

The UAE's state-owned Adnoc has announced its intention to list 15% of its logistics and shipping unit...

The US Energy Information Administration has reduced its forecasts for Brent and WTI crude, as well gasoline and diesel for this year...

Japanese commodity trader and industrial conglomerate Marubeni said it expects to see its profits to fall...

The world's largest energy company, Saudi Aramco, netted profits of almost $32 billion in the first quarter of 2023...

US independent refiner PBF Energy joined its peers in reporting record first-quarter profits Friday

The CEO of Spain's Cepsa has criticised the government's windfall tax as poorly

Lukoil announced it has completed the sale of its ISAB refinery in Sicily on Thursday...

Shell posted better-than-expected Q1 earnings Thursday after a boost in its trading business and the...