Americas Oil Company News

A hedge fund operated by high-profile manager Pierre Andurand has stepped back from the oil market amid the uncertain outlook for crude price...

US energy firm Sempra has entered into a deal with Saudi Aramco to sell 5 million mt per annum of LNG from the Port Arthur LNG Phase...

PetroChina's US trading arm has been fined $14.5 million by authorities over violations of export regulations, the Department of Justice...

Houston-based LNG producer Tellurian, which is behind the planned Driftwood project, said there is industry support for higher regasification pricing...

US passenger rail service Amtrak used 1.2mn USG of renewable diesel in fiscal year 2023, up from zero the previous year although diesel fuel use has increased...

ExxonMobil has been forced to shut different units at its Baytown and Beaumont refineries in Texas amid reports of flaring and related...

Brazil's state-run Petrobras has settled a long-running dispute with national tax authorities at an estimated cost of BRL 19.8 billion...

The US unit of trading giant Trafigura has agreed to pay $55 million to settle a case with regulator the CFTC...

The world's largest oil company Saudi Aramco has entered into an initial agreement to purchase LNG from NextDecade...

he US Environmental Protection Agency (EPA) was hit by three lawsuits Thursday representing more than 30 industry bodies...

US driller Noble Corp has agreed to buy Diamond Offshore and a cash-and-stock deal worth around $1.6 billion...

The Chapter 11 bankruptcy filing by the lead contractor on the Golden Pass LNG terminal will likely lead to a delay of at least least six...

Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...

Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...

PBF Energy reported a fire at its 160,000 bpd Torrance refinery in California over the weekend

Ammonia production in Trinidad and Tobago hit its lowest level since 2002 at the start of this year, although exports stood at just...

US energy major ConocoPhillips will acquire Marathon Oil, in a deal that values the Houston-based company at just above $22.5 billion...

Shareholders of Hess Corporation have approved the company's proposed $53 billion takeover by Chevron, with the deal subject to a legal challenge...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

LPG shipper StealthGas has been increasing its presence in the ammonia shipping market, with two of its 33 LPG carriers...