Asia Oil Company News

Energy major Shell said its oil refining margins nearly halved in Q3 compared to the previous three-month...

US oil major Chevron has announced the delivery of its first shipment of carbon offset-paired paired…

Tata Group has signed a memorandum of understanding with the Indian Institute of Petroleum to develop sustainable...

Energy giant Shell has named company insider Wael Sawan as its new CEO, replacing Ben van Beurden who will step down...

TotalEnergies has completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq...

Shipping company Maersk Supply Service was the latest to offer customers the option to cut emissions by paying extra...

Investment bank UBS cut its Brent forecast by $15/b on Monday, citing lockdowns in China and resilient Russian exports...

The world needs more oil and gas to deal with an energy shortage while pushing to transition to renewable supplies...

China's Sinopec posted a record profit for the first six months of 2022 despite its crude oil processing...

Singapore has fined commodities trading outfit Noble Group S$12.6mn (US$9.1mn) for publishing "misleading information" in its financial statements...

High global energy prices have helped China's refiners reap record windfall profits, as earnings posted Thursday...

Australian gas producer Santos has come under greater fire for claiming that it is part of the...

Energy major TotalEnergies has received approval to start work on a new carbon capture and storage project at its...

South Korean oil refiner S-Oil has been ordered to close four production units at the 580,000...

Australia's Woodside Energy is targetting up to 800kg per day of renewable hydrogen production for hydrogen fuel cell vehicles...

Australia's Santos has given the go-ahead for a $2.6 billion oil field project in Alaska to expand its production beyond the Asia-Pacific region...

Saudi Aramco's profits surged 82% in the second quarter of 2022, beating the median of analysts' expectations with the highest quarterly profit since...

Kazakhstan will start testing crude exports across the Caspian Sea via Azerbaijan later this year, with a deal...

Chinese energy majors Petrochina and Sinopec announced in separate statements to the New York Stock...

India's Chennai Petroleum Corp has reduced crude runs at its 200,000 barrels per day Manali refinery in southern India by around 25% due to...