Oil Company News

State-owned Pemex's refinery in Olmeca will start processing crude by the start of July...

A climate investment vehicle backed by oil and gas majors has invested in a company developing projects that…

Europe's largest banking group BNP Paribas has launched a new phase of its transition away from financing fossil energy...

Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...

Danish technology company Topsoe has signed a deal to help build China's first dynamic ammonia plant, with the...

Swiss commodities trader Trafigura has set out a roadmap aiming for operational carbon neutrality by 2050, through...

Indonesia is planning to launch its own palm oil benchmark reference price by June, rivalling neighbouring Malaysia's...

Saudi Aramco's global trading arm has confirmed the acquisition US firm Motiva Trading as it seeks to expand its footprint across North and South America...

The CEO of Ukraine's state energy firm Naftogaz said Wednesday the company is working toward resolving its debt default problems quickly...

Abu Dhabi National Oil Company has formed a partnership to pilot technology that permanently…

TotalEnergies expects a 5% jump in hydrocarbon output in the fourth quarter...

Spanish energy company Petronor has partially closed its Bilbao-based crude oil refinery to...

French food and beverage giant Danone on Tuesday announced its aim to remove 1.2 million tonnes of methane emissions...

North American drilling activity was slightly higher the week ending 13 January, registering the first gain in three weeks...

A mixture of energy and infrastructure companies have applied to the Norwegian government for CO2 storage...

Lukoil has agreed to sell its 355,000 bpd ISAB refinery in Sicily to GOI Energy...

QatarEnergy and Chevron Phillips Chemical announced they will construct a $6 billion petrochemicals ...

Norway's oil production is set to exceed 2 million bpd this year, up 6.8% from 2022, the Nor..

Qatar is the latest National Oil Company (NOC) to reduce Official Selling Prices (OSPs) for Asian refiners...

A global coalition of institutional investors on Thursday co-filed a first-of-its-kind shareholder resolution to Swiss-based...