Asia Oil Company News

Earnings at Asia's biggest refiner fell more than 10% in the first quarter of the year as crude product refining margins...

Norway's oil fund, one of the world's largest investors, said this weekend it will vote against a resolution...

Shipping companies are continuing to hedge their bets when it comes to picking a fuel of the future that will help...

The G7 and EU will persist with a $60/b price cap that prohibits its companies from working with Russian crude oil, a level...

Competition for customers between developers and escalating costs are hampering efforts ramp up LNG projects in the US...

Saudi Arabia has transferred a 4% stake in energy giant Saudi Aramco has from state ownership to Sanabil, the investment arm of PIF...

PetroVietnam will delay maintenance at its 130,000 bpd Dung Quat refinery by six months until the beginning of 2024...

Singapore's Global Centre for Maritime Decarbonisation has awarded a concept study on offloading captured and liquified...

Kazakhstan has started arbitration proceedings against some of its international partners developing its oilfields...

The revision to the Australian laws that require the country's largest emitters to cut direct emissions are...

Shell expects to have produced higher LNG volumes in Q1 following fewer outages in Australia...

Gunvor Group was the latest trading house to post record results for 2022 after commodity prices...

Gas giant QatarEnergy announced Wednesday it will take a 25% stake in a huge gas project in Iraq...

Energy major ExxonMobil's low-carbon business has the potential to outgrow its traditional oil and gas...

ExxonMobil indicated that its Q1 profits could drop by a quarter from last year's record Q4 results...

Chinese refinery PetroChina has shut two of its refineries as part of its maintenance season, with up to 420,000 bpd...

Shell will not go ahead with plans to develop a biofuel and base oils project in Singapore, with Reuters reporting Thursday...

India is weighing up the construction of a strategic reserve to hold LNG to protect against future price spikes or supply shortages...

ConocoPhillips announced late Monday it is set to become the upstream operator of Australia Pacific LNG...

Saudi Aramco is to take a  10% stake in China's largest independent refining group...