Asia Oil Company News

Shell has walked back as much as $4.5 billion of writedowns on its assets it took because of the war in...

A Russian court has ordered the Caspian Pipeline Consortium (CPC) to shut its Black Sea export route for 30...

A lack of investment in refining capacity in recent years has distorted global refined product prices and boosted...

Russia has transferred ownership of the vast Sakhalin-2 natural gas venture to a new state-owned entity in a move...

Energy major TotalEnergies and shipping company Mitsui OSK Lines (MOL) have completed the first refuelling of...

The world's biggest LNG producer has teamed up with an energy industry-led body saying it aims to eliminate...

High global energy prices and a drive to bolster energy security to keep inflation in check will boost...

Inpex, Japan's largest oil and gas producer, has delivered a carbon-neutral liquefied natural gas (LNG) cargo to Toho Gas...

The sanctions imposed by the EU and the US on Russia following its invasion of Ukraine have affected 75% of its banks...

ConocoPhillips was confirmed Monday as one of the Wester energy firms in taking a stake in a $29 billion project to boost Qatar's exports of LNG...

Australian airline Qantas has teamed up with aircraft manufacturer Airbus and engine maker Pratt & Whitney to...

Kyushu Electric Power Co. said it will withdraw from a plan to develop a liquefied natural gas-fired thermal power plant in Chiba Prefecture...

Saudi Aramco is planning to merge its two key energy trading units, according to a Reuters report, with Aramco Trading Co (ATC) due to absorb...

Energy major BP has taken a 40.5% stake in a massive solar and green hydrogen project in West Australia's...

Russia's state oil producer Rosneft is exploring the feasibility creating a trading venture in Dubai...

Japanese refiner Idemitsu Kosan has announced the first of its plans to wind down its capacity as it braces...

Oman LNG Company announced Sunday that its LNG production reached to a record level of 10.6 million metric tonnes during...

Trader Trafigura posted a record-breaking set of half year results, with profits at the staff-owned firm hitting...

Litasco, the trading arm of Russia's second-largest oil company Lukoil, is considering moving its trading headquarters...

Qatar has chosen Exxon Mobil Corp, TotalEnergies SE, Royal Dutch Shell and ConocoPhillips as partners for expanding the world's largest...