Asia Oil Company News

Scheduled refinery maintenance in China is expected to peak in the second quarter of this year as demand normally retreats...

Thailand's top oil refiner Thai Oil shut down its biggest crude refining unit on Tuesday for repairs due to...

China's biodiesel producer Excellence New Energy has entered into a new agreement with a state-owned marine fuel giant to...

One of two gasoline-producing units at Lukoil's Nizhny Novgorod refinery near Moscow is unable to restart...

A top trade official in China has opened the door to Saudi Aramco for further investment in the country during a meeting on Thursday...

Saudi Aramco and China's Rongsheng Petrochemical are considering deeper cooperation as the two companies signed...

QatarEnergy has announced a five-year crude oil agreement with Shell, supplying up to 18 million barrels per annum of...

Norway's Equinor has agreed to sell all of its remaining assets in Azerbaijan to state-owned oil and gas company SOCAR, ending its...

The cost of insuring vessels still transiting the Red Sea has surged, while the underwriting industry has widened area classified a conflict zone...

A G7-led coalition that has sanctioned Russia's oil industry said it would step up efforts to enforce existing rules aimed at cutting the country's...

A fund managed by US investment giant Blackrock is investing up to $400 million in a UAE-based company that...

Saudi Arabia's crude exports jumped back in October as a heavy maintenance schedule reduced demand...

Oil supermajor BP has joined a growing list of companies avoiding the Red Sea as the number of attacks by Houthi militants in the region picks...

Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...

Japanese utility Kansai Electric Power Group and commodities firm Hartree Partners announced Thursday the...

China's state-owned energy major CNOOC has started building the biggest underground commercial crude oil storage facility in the country as...

The World Shipping Council has identified four cornerstones needed to deliver the International Maritime Organization's (IMO) target...

UAE state-owned renewable energy company Masdar and Austrian energy company OMV have signed an agreement to...

Australian oil and gas producers Woodside Petroleum and Santos are in discussions over a merger reported to be in the region of...

Indian refined product demand fell last month as diesel consumption slowed on the year, official data showed Thursday...