Oil Company News

Mining major Rio Tinto has been given a grant by the US Department of Energy (DOE) to lead a team that...

Soaring commodity prices propelled Glencore's earnings to record highs in...

South Korean petrochemical cracker operator YNCC declared force majeure on one of its petrochemical crackers Monday...

London-based carbon procurement startup Abatable has signed a deal with project financier Carbon Neutral Royalty (CNR) to boost liquidity...

Russia's Gazprom Neft is looking to boost its sales of yuan-denominated refuelling contracts to Chinese...

German oil trader and distributor Mabanaft suffered a new setback last week in returning operations to normal after...

Marathon Petroleum has become the third US refiner to introduce a reduction target for emissions from the products it sells...

European banks have funded $55 billion in oil and gas projects despite their net-zero...

Saudi Arabia's Crown Prince Mohammed bin Salman has announced the transfer of 4% of Saudi Aramco shares to the...

Russian energy major Rosneft became the latest company to report a sharp quarterly and annual...

South Korean authorities have ordered to halt production at a South Korean naphtha...

Singapore Airlines will trial the use of sustainable aviation fuel starting in the third quarter after sealing a deal to purchase...

US ethanol producer Marquis Inc. and sustainable aviation fuel technology company LanzaJet have signed a memorandum...

The charitable arm of google.org had donated $1 million to kickstart an initiative that would...

Swiss carbon project developer South Pole finalised Wednesday a new round of financing from Singapore's Temasek and the US' Salesforce Ventures...

Norway's Equinor reported record adjusted earnings during the final quarter of 2021...

French energy supermajor TotalEnergies is offering retail clients at home a one-off payment for gas and discounts...

Australian oil company Santos booked 100 million tonnes of CO2 storage in the country's Cooper Basin as part of its annual reserves statement...

Global logistics company DHL has signed a three-year deal for the supply of 33 million litres of sustainable aviation fuel (SAF)...

Energy major ENI will start supplying Milan airport with sustainable aviation fuel (SAF) for commercial flights as...