Oil Company News

Utility Tokyo Gas has made a new carbon-neutral liquefied natural gas (LNG) purchase for its customers...

European natural gas futures jumped 3% on Thursday as Russia followed through on threats to demand payment...

Shipping and logistics company Maersk has signed a memorandum of understanding with Egyptian authorities...

Air Canada has boosted its 2022 capacity outlook as Covid restrictions in North America...

Australian airline Qantas outlined Thursday plans to cut emissions 25% by 2030 and achieve net zero by 2050...

Spanish integrated energy company Cepsa wants to ramp up its biofuels production capacity to 2.5 million mt per year by 2030...

Oil tanker firm Euronav expects bunker fuels and freight rates to remain elevated following...

Chinese oil and gas major CNOOC was yet another producer to see record profits in 2021 on the back of elevated...

The rouble and natural gas futures jumped Wednesday as Russia repeated demands its customers pay for energy...

Glencore has joined a growing list of companies saying it will not enter any new commodity trading business with...

Argentina's majority state-owned energy company YPF has "guaranteed" diesel supply to the nation's retail...

Debate around the viability of the Cambo oil and gas field off the coast of the Shetland Islands looks set to drag...

Japanese shipping company MOL (Mitsui O.S.K. Lines) has completed sea trials using drop-in renewable diesel as it...

Aircraft manufacturer Boeing has successfully tested the use of 100% sustainable aviation fuel in its A380 aircraft, the first...

Finnish refiner and biofuels producer Neste has kicked off a feasibility study into upgrading its capacity for turning...

London-based price reporting agency Argus launched a diesel price assessment for non-Russian...

British Airways has received the first sustainable aviation fuel (SAF) produced on a commercial scale in the UK from refiner...

China's largest energy company, Sinopec, is planning to boost its capital investment to record...

An explosion at the ExxonMobil oil refinery near Lockwood, Montana, Saturday night brought a large emergency response from...

Chinese state-run refiner Sinopec has halted development of a $500 million petrochemical project in Russia...