Oil Company News

Shares of Borouge, the joint venture between ADNOC and European chemicals producer Borealis, surged over 20%...

The Equinor-operated Hammerfest LNG terminal – Europe's largest gas liquefaction plant – is back...

Britain's regulator has approved Shell's revised plan to develop a North Sea natural gas field...

UK-listed Tullow Oil has completed a deal to merge with rival Capricorn Energy to create an Africa...

Woodside Energy Group Ltd. and BHP Group Ltd. have completed the previously announced merger...

The EU and UK will halt Russian oil cargoes from their insurance markets as part of a latest round of sanctions...

Saudi Aramco lowered its official selling price (OSP) for propane and butane for the second month in a row, with...

Dutch energy company GasTerra said on Monday it had refused to pay for Russian gas in rubles, after which Gazprom said deliveries...

Shell and Seven Group Holdings have greenlighted a multi-billion-dollar natural gas project off the coast of Western Australia to supply the Prelude floating LNG plant...

A number of under-the-radar commodity traders are cashing in on Russian oil, stepping in to buy and transport crude to customers as their bigger rivals retreat...

Russian President Vladimir Putin reaffirmed in a phone talk with Austrian Chancellor Karl Nehammer Moscow's commitment to honor its contractual obligations...

Energy giant Shell is in talks with a consortium of Indian companies to offload its 27.5% stake in the Russia Sakhalin-2 LNG plant...

Shareholders in US energy major Chevron have voted down AGM proposals that would see it extend existing...

Iraq's oil minister has discussed with BP raising output capacity at the 1.5mn bpd Rumaila field, the country's largest, to...

Years of under-investment in mining and metals essential to the energy transition, supply shocks, and high energy...

Abu Dhabi's national oil company, ADNOC, is set to open its giant crude oil caverns in Fujairah during 2023...

Dubai's Department of Petroleum Affairs has set the official selling price (OSP) for Dubai crude loading in August at a discount of $0.05/b...

The Netherlands-headquartered Royal Vopak has finalised a deal to tie-up ownership of Aegis and create India's...

Energy major TotalEnergies has already reduced its use of Russian crude oil at its Leuna refinery in Germany, which...

Indian budget carrier, InterGlobe Aviation, which flies under the IndiGo brand, saw its quarterly...