Oil Company News

Energy major ExxonMobil's low-carbon business has the potential to outgrow its traditional oil and gas...

ExxonMobil indicated that its Q1 profits could drop by a quarter from last year's record Q4 results...

Chinese refinery PetroChina has shut two of its refineries as part of its maintenance season, with up to 420,000 bpd...

German company Wintershall Dea and its partner Altera have been awarded a CO2 storage license in the...

US energy major topped the list of highest bidders in the latest round for exploration drilling rights in the Gulf of Mexico...

Shell will not go ahead with plans to develop a biofuel and base oils project in Singapore, with Reuters reporting Thursday...

International energy companies that raked in massive 2022 profits as a result of last year's price spikes...

India is weighing up the construction of a strategic reserve to hold LNG to protect against future price spikes or supply shortages...

ConocoPhillips announced late Monday it is set to become the upstream operator of Australia Pacific LNG...

Saudi Aramco is to take a  10% stake in China's largest independent refining group...

 A California Senate committee has passed a bill to allow the state to set a maximum gross product...

A seven-member consortium of global shipping organisations, together with the London-based Oil and Gas Climate...

If the current policy drive for energy security becomes entrenched worldwide the achievement...

French energy major TotalEnergies improved its 2025 climate target for its scope 1,2 emissions in an...

Strike action by 50 offshore workers active on five BP oil and gas platforms in the North Sea has been...

Venezuela's oil minister has resigned as the as an investigation into corruption claims at the state-oil company...

Around 1400 oil and gas workers in the UK Continental Shelf have agreed to take strike action..

Oil prices have been dominated by the banking crisis since last week's collapse of Silicon Valley Bank, with contagion spilling over into the commodities sector...

Oil prices have been dominated by the banking crisis since last week's collapse of Silicon Valley Bank...

US refiner Valero has made the company's first major shipment of renewable diesel for several years...