Oil Company News

European energy trading is being strained by exchange margin calls of at least $1.5 trillion, putting pressure on governments to...

Petrobras is considering offering carbon capture and storage (CCS) solutions for third-party industrial...

The CEO of the Nigerian National Petroleum Corporation (NNPC) has targeted..

French utility Engie has become the latest company to fall victim to deteriorating relations between Europe...

BP's 430,000 bpd Whiting refinery is expected to restart this week, alleviating the squeeze on gasoline supplies...

The world needs more oil and gas to deal with an energy shortage while pushing to transition to renewable supplies...

China's Sinopec posted a record profit for the first six months of 2022 despite its crude oil processing...

Singapore has fined commodities trading outfit Noble Group S$12.6mn (US$9.1mn) for publishing "misleading information" in its financial statements...

High global energy prices have helped China's refiners reap record windfall profits, as earnings posted Thursday...

Australian gas producer Santos has come under greater fire for claiming that it is part of the...

French energy major TotalEnergies has firmly refuted allegations it is implicitly involved in the supply of fuel to the Russian...

Energy major TotalEnergies has received approval to start work on a new carbon capture and storage project at its...

South Korean oil refiner S-Oil has been ordered to close four production units at the 580,000...

Turkey's Tupras shut a hydrocracker at its 227,000 bpd Izmit refinery for four weeks from 19 August following...

Australian energy company Santos will use carbon offsets delivered by Alaska Native Corporations to offset emissions...

Australia's Woodside Energy is targetting up to 800kg per day of renewable hydrogen production for hydrogen fuel cell vehicles...

Australia's Santos has given the go-ahead for a $2.6 billion oil field project in Alaska to expand its production beyond the Asia-Pacific region...

German energy conglomerate Uniper has fired up its oil-fuelled reserve and peak plant in southern Sweden for most of the...

Saudi Aramco's profits surged 82% in the second quarter of 2022, beating the median of analysts' expectations with the highest quarterly profit since...

Kazakhstan will start testing crude exports across the Caspian Sea via Azerbaijan later this year, with a deal...