Asia Oil Company News

Global investment in clean energy is set to rise to $1.7 trillion in 2023, significantly outpacing spending on fossil fuels...

Kuwait's state-owned KPC will start the final phase of its giant 615,000 bpd Al Zour refinery...

Australian energy firm Viva Energy will transform its Geelong crude refinery to take in waste...

ExxonMobil said in a statement to investors on Wednesday that the chances of the world becoming net zero...

Saudi Arabian Oil Co. has appointed new presidents for both its upstream and downstream businesses, in a move that some Saudi watchers believe...

Formosa Petrochemical plans to cut refinery runs at its 480,000 bpd Mailiao in Taiwain by around..

India's state-owned Bharat Petroleum Corp unveiled plans Wednesday for an ethylene cracker at the refiner's 156,000 bpd...

Recent changes to Australia's Safeguard Mechanism policy are likely to increase the costs of a controversial gas...

Saudi Arabia is considering another multibillion-dollar offering of stock in its Aramco energy giant...

Pavilion Energy has taken delivery of its first liquefied natural gas cargo paired with a statement of greenhouse gas emissions...

Demand for bunker fuels from major shipping lines appeared to take a knock in the first three months of the year, with...

French banking group BNP Paribas said Thursday it will no longer provide any financing dedicated to the development of new oil and gas fields...

The UAE's state-owned Adnoc has announced its intention to list 15% of its logistics and shipping unit...

The US Energy Information Administration has reduced its forecasts for Brent and WTI crude, as well gasoline and diesel for this year...

Japanese commodity trader and industrial conglomerate Marubeni said it expects to see its profits to fall...

The world's largest energy company, Saudi Aramco, netted profits of almost $32 billion in the first quarter of 2023...

Shell posted better-than-expected Q1 earnings Thursday after a boost in its trading business and the...

Cheniere Energy has signed its first deal to sell US LNG exports as part of the huge Sabine Pass LNG expansion project

Japanese utility Ueda Gas has signed an agreement with Tokyo-based energy company Inpex Corporation for the supply of...

Shareholders in Australian oil and gas producer Woodside have re-elected of directors despite...