Oil Company News

A fire at Algeria's Skikda oil refinery was said to be "under control" on Tuesday with no apparent impact reported on...

China's Sinopec has started construction work on the world's largest electrolyser to produce green hydrogen...

Energy major BP announced Monday plans for a new 500 MWe green hydrogen project to be built at the Teeside hydrogen...

Gazprom has warned it is already seeing signs of natural gas demand destruction at recently elevated prices but warned...

Russia's Gazprom expects even higher earnings for its final quarter after it reported...

China Gas and Vitol have teamed up with a strategic cooperation agreement that will see the world's biggest energy trader...

A Chinese crackdown on data providers has spread to the commodity space, with some suppliers...

French energy major TotalEnergies will hand out $500 bonuses to over 60,000 of its global...

Australian refiner Viva Energy said it will cut scope 1 and scope 2 emissions of its refinery business 10%...

Svitzer, a towboat company owned by AP Moler-Maersk, is converting ten tugs that operate along the River Thames...

Developers of the Keystone XL pipeline are seeking to recoup more than US$15 billion in damages connected to President...

French energy major TotalEnergies increased its stake in Libya-based Waha Oil company...

The US State Department has moved to add further names to its list of sanctioned entities involved in developing the...

Energy major Shell has reduced crude processing by half and cut exports of fuels at its Singapore facility, while it will start a...

Reliance's Jamnagar, the world's largest refinery, processed a record volume of crude in...

Australia's BHP Group and Woodside Petroleum Ltd. have taken a step closer to a full merger, while Woodside has approved its A$16.5 billion...

Moët Hennessy and Prada Group are the latest companies to join the Science Based Targets initiative (SBTi)...

The fello'fly flight revolution, which will cut jet fuel bills and carbon emissions, has moved a step closer...

Premiums for Russia's ESPO crude tumbled sharply Thursday, as the Chinese buying interest largely evaporated on the third tranche...

US President Joe Biden has upped the ante in his attempts to lower retail gasoline prices, calling on the market regulator to...