Asia Energy Company News

5 Mar 2025
Hong Kong-based CK Hutchinson has agreed to sell its controlling stakes in two key ports on the Panama Canal...
4 Mar 2025
The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...
4 Mar 2025
Abu Dhabi's Adnoc and Austria's OMV have agreed terms to merge their polyolefin businesses to create one of the largest petrochemical companies in the world
3 Mar 2025
Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...
26 Feb 2025
The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...
26 Feb 2025
South Korean oil refiner SK Energy shut the 170,000 bpd crude distillate unit at its Ulsan refinery for a two-week turnaround work...
25 Feb 2025
Malaysia's state-owned Petronas will not lift the first cargo from its equity stake in LNG Canada's Kitimat plant until later in the year...
25 Feb 2025
Indonesian prosecutors have accused a senior executive from the state-owned oil and gas company Pertamina...
25 Feb 2025
South Korea's LG Chem and Lotte Chemical shut down operations at their plants in the Daesan Petrochemical Complex on Tuesday morning due...
21 Feb 2025
OPEC+ appears poised to postpone its planned production increases, according to analysis released Friday by ANZ Research, as members...
21 Feb 2025
Eneos, Japan's largest refiner, has shut a 141,000 bpd crude distillation unit (CDU) at its Sakai refinery following a fire on 17 February...
20 Feb 2025
Phillips 66 has leased a new floating storage unit (FSU) off Singapore in the Malacca Straits for fuel oil storage, Reuters reported Thursday...
19 Feb 2025
Cathay Pacific Airways posted another strong performance in January as robust demand leading into the Chinese Lunar New Year spurred...
19 Feb 2025
A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...
19 Feb 2025
Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...
18 Feb 2025
Australia's Woodside Energy is looking for potential partners in its Louisiana LNG project on the US Gulf Coast...
18 Feb 2025
Sanctioned oil tankers carrying Russian-origin cargoes continued to discharge at ports in Shandong province despite a recent ban...
14 Feb 2025
Mexico's PMI has raised the so-called K factor used in its formulas to price all its grades sold internationally ...
14 Feb 2025
Petrobras hopes to form partnerships with Indian state-owned oil firms to enhance biodiesel and ethanol trade between Brazil and India and...
13 Feb 2025
The International Energy Agency (IEA) anticipates that global oil markets will remain resilient in the face of mounting trade tensions, maintaining...
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