Americas Oil Company News

European natural gas prices could surge significantly higher in the months ahead, Goldman Sachs warned Thursday, citing colder-than-...

Técnicas Reunidas has secured a $440 million contract to build a major oil storage and export terminal for Vaca Muerta, Argentina's...

Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...

US refiner HF Sinclair said it had extinguished a fire at its 125,000 bpd Tulsa plant late Monday...

Canada's Suncor is restarting its 85,000 bpd Sarnia refinery after a unit malfunction last week...

Union workers at Marathon Petroleum's 140,000 bpd Detroit refinery have voted to ratify a new labour agreement, ending a strike that had...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...

Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...

Chevron has completed a major upgrade of its Pasadena, Texas refinery, increasing its capacity to process lighter crudes by nearly 15%...

The International Air Transport Association (IATA) anticipate heightened profitability for the global airlines industry in 2025, the group announced...

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in January 2025, reflecting the lower cash cargo premiums...

Goldman Sachs has stood by its $76/b Brent forecast for 2025 as rising global crude inventories outweigh the prolonged tightening...

The Panama Canal Authority said Friday it would delay by four months, to April 2025, the debut of its green vessel monthly booking slot...

The Panama Canal Authority will shut down for 48 hours the East Lane of Gatun Locks starting December 12 for repairs...

Spain's Repsol has agreed to sell two oil and gas assets in Colombia to Geopark, the two companies announced Friday...

Mexico's Pemex extinguished a fire at Pemex's Salina Cruz refinery Tuesday, with authorities reporting no damage or injuries...

The Pluto LNG facility in offshore Australia remained offline Tuesday following an emergency shutdown on Monday, according to...

ExxonMobil is spending $200 million to boost advanced plastics recycling capacity at its Texas facilities, targeting a global capacity of...

US distillate stocks were little moved last week as faltering demand met lower output, EIA figures showed Wednesday...