Asia Oil Company News

Seoul-headquartered oil refining major S-Oil has started producing low-carbon fuels such as sustainable aviation fuel (SAF) and...

PetroChina's international business division has signed a strategic cooperation agreement with Chinese local biofuel producer...

China's biggest oil refiner Sinopec has hiked jet fuel output from its Shanghai refinery as air travel demand is...

The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...

A Japanese oil company has started selling fuel products to corporate clients including carbon credits to cover…

Crude throughput by China's biggest oil refiner Sinopec jumped in 2023 thanks to a surge in kerosene output as...

Australian energy producer Santos is set to face delays to its troubled Barossa gas project in the Timor Sea...

China's third-largest state-owned oil company CNOOC is looking to boost its crude output to a new record high in 2024 to match...

A former commodities trader is seeking $2.8 billion in damages against the UAE, alleging his company was the subject of a smear campaign...

The Trans Mountain Expansion (TMX) pipeline will finally start loading crude for export in March or early April, a company official confirmed...

Bunker Holding expects that 20% of the marine fuel mix will be made up of new fuels by 2030 and biofuels will play a key role in reaching targets...

Uganda is close to finalising a financing deal with a UAE investment group to develop a planned $4 billion refinery, according to press reports...

An independent refiner in China has gained approval to supply sustainable aviation fuel (SAF) to commercial airlines, marking the first...

Tokyo-headquartered Idemitsu Kosan is on track to wind down crude oil refining activities at one of its main refineries in Japan and...

Italian energy major Eni and South Korean chemical company LG Chem have agreed on a joint venture to build and run a new biorefinery...

Saudi Tadawul has bought a stake in the Dubai Mercantile Exchange (DME), with the Saudi exchange set to take a 32.6% stake in...

Japanese energy company Inpex will speed up the development of the LNG Abadi project in Indonesia, which has been...

International energy major BP and China's largest oil refiner Sinopec have agreed to work together on energy transition while...

Shell has indefinitely suspended all shipments through the Red Sea after last week's strikes by the US and UK against Houthi rebels has so far...

The Caspian Pipeline Consortium (CPC) wants to handle 70 million mt of Kazakh and Russian crude oil for export during 2024, the group's...