Asia Oil Company News

Exports of LNG from the Chevron-operated Gorgon processing plant in Australia are set to fall during May after a technical problem...

The rally in high sulfur fuel oil margins showed no sign of slowing down this week as bullishness for the sector was given a further boost by a...

Deliveries of physical crude in the Platts Market-on-Close (MOC) Dated Brent window set a new record in April, while underlying volumes...

Gasoline deliveries made in April by India's three state-owned companies rose 12.3% on the year, while diesel deliveries fell...

Venture Global LNG is likely to start operations at its Plaquemines LNG facility in the coming months, according to a filing to the US...

The UAE's Dana Gas, one of the largest private natural gas companies in the Middle East, has temporarily suspended gas production...

Saudi Aramco has further strengthened ties with China's Rongsheng Petrochemical Co...

China's biggest oil refiner Sinopec posted weaker profits in the first quarter of this year as fierce...

Quantum Commodity Intelligence – South Korean oil refiner SK Earthon's jointly operated offshore oilfield in the South China Sea is expected to...

Terminal operator and fuel storage company Vopak has increased its earnings...

International energy firms are lining up to take a stake in Adnoc's new LNG export plant, as companies race to secure stakes in what is viewed as...

TotalEnergies has announced a final investment decision in Oman's Marsa LNG project, while the energy giant also signed an LNG offtake agreement...

Saudi Aramco is set to boost its portfolio of assets in China by taking a 10% stake in the privately-owned Hengli Petrochemical...

Japan's largest utility and top LNG importer has signed a 10-year term deal with Oman...

Independent commodity trader Gunvor is set to use windfall trading profits from the last two years to leverage into assets...

The fall in natural gas and crude oil prices during the first quarter of 2024 and the unplanned outage at its Whiting refinery...

Crude prices are likely to hold in the $80-$100/b during 2024, underpinned by healthy demand growth, OPEC+ cuts and geopolitical risk...

The world's largest independent oil trading company chalked up profits of $13 billion in 2023, its second highest on record...

Crude loadings from the Caspian Pipeline Consortium's export pipeline from Kazakhstan to the Black Sea have been halted for 72 hours...

Trading giant Trafigura has announced a management shakeup after two long-standing executives announced retirement plans...