Oil Company News

Swiss trader Gunvor has merged its Rotterdam refining and terminal businesses, which will now be called Gunvor...

Portugal's Galp reported a 93% increase in full-year profits Monday as it announced the sale...

UK climate law charity ClientEarth on Thursday said it is taking oil major Shell's board of directors to court for failing to move away from

 German fuel supply is set to tighten as both Gunvor's Ingosladt and Bayernoil's Neustadt-Vohburg...

Brazil's state-owned oil company Petrobras has slashed the pump price of diesel 9% as crude prices and product...

BP will invest an additional $8 billion in its upstream business by the end of the decade unwinding...

Global air passenger traffic continued to pick up in December to confirm a solid year of post-Covid gains for...

Dutch tank storage company Vopak will acquire trader Gunvor's 982,000 cubic metre facilities in Antwerp for an undisclosed...

Belgian oil tanker giant Euronav posted better-than-expected Q4 results on Thursday thanks to rising freight rates...

Oil and gas operators in the US emit methane at vastly different rates, as some operators have reduced emissions...

Shell's Q4 earnings beat analysts' expectations with two-thirds of the profits made by its natural gas...

ExxonMobil reported a record $56bn in full-year profits Tuesday following another big quarter..

US refiners Phillips66 and Marathon both reported a sharp surge in quarterly profits Tuesday...

Abu Dhabi National Oil Company (Adnoc) is targeting a valuation of more than $50 billion for its newly formed entity Adnoc Gas...

Profits at Ryanair, Europe's largest airline, flipped to profits in the quarter to December as travel demand...

 Portugal's Galp forecast a fall in fourth quarter crude runs and subsequent lower refined product...

Refiner Valero expects firm refining margins to continue for 2023, as the US refining sector is likely to enjoy further advantages over its European counterparts...

US-based PNC Financial Services Group has closed its second green bond issuance, with the $1.25 billion proceeds...

Only 7% of Mexican companies in the oil and gas sector are complying with the regulations to prevent and control...

US refiner Valero reported a ten-fold increase in full-year profit to $11.5 billion Thursday...