Oil Company News
5 Jan 2023
The 317,000 bpd Miro refinery shut one of its three crude-distillation units (CDU) for four-weeks...
5 Jan 2023
On Thursday Abu Dhabi National Oil Company (ADNOC) announced the allocation of $15 billion to decarbonisation...
28 Dec 2022
ExxonMobil has sued the European Union over a planned windfall tax on excess producer...
28 Dec 2022
US independent Marathon Oil Corp. has completed its acquisition of Ensign Natural Resources' Eagle Ford assets...
28 Dec 2022
OQ, Sabic and KPI have signed a project development agreement for a jointly-owned petrochemical complex...
23 Dec 2022
Energy major Shell has agreed to pay €15 million ($15.9m) to local communities in Nigeria which...
22 Dec 2022
Industrial action at ExxonMobil's Fawley refinery in southern England will resume on January 9...
21 Dec 2022
Norwegian energy firm Equinor has handed a €3.5 billion ($3.7 billion) cash injection to subsidiary Danske...
21 Dec 2022
Germany biofuel producer Verbio will expand its offering to the petrochemical sector, using RME as a...
21 Dec 2022
The delivery of carbon-neutral liquefied natural gas (LNG) cargoes has nearly halved this year amid booming natural gas...
19 Dec 2022
A group of investors with assets of more than $1.3 trillion has co-filed climate resolutions to urge four of the world's leading...
16 Dec 2022
A multinational chemicals company has boosted its 2030 scope one and two greenhouse gas emissions…
16 Dec 2022
The ethics council of Norway's sovereign wealth fund has blocked the world's biggest investment pot from taking...
16 Dec 2022
The Singapore entity of Adnoc Global Trading is set to participate in the Platts Market on Close assessment process for Asian refined products...
15 Dec 2022
US exchange operator ICE has threatened to withdraw from the EU if the European Commission...
15 Dec 2022
HSBC announced on Wednesday that it will end funding for new oil and gas fields as part of an updated energy...
13 Dec 2022
A rise in Permian production drove US shale oil output to a three-year high in November, with forecasts showing...
9 Dec 2022
TotalEnergies will write down the value of its investment in Russian gas producer Novatek and stop accounting...
8 Dec 2022
Siemens, Unilever, Maersk and DFDS were the latest companies to join a broad coalition across the FMCG, logistics and....
8 Dec 2022
Crude oil prices jumped on Thursday after a key pipeline from Canada to the US was reported to have leaked...