Asia Oil Company News

European natural gas futures jumped 3% on Thursday as Russia followed through on threats to demand payment...

Australian airline Qantas outlined Thursday plans to cut emissions 25% by 2030 and achieve net zero by 2050...

Chinese oil and gas major CNOOC was yet another producer to see record profits in 2021 on the back of elevated...

Glencore has joined a growing list of companies saying it will not enter any new commodity trading business with...

Japanese shipping company MOL (Mitsui O.S.K. Lines) has completed sea trials using drop-in renewable diesel as it...

China's largest energy company, Sinopec, is planning to boost its capital investment to record...

Chinese state-run refiner Sinopec has halted development of a $500 million petrochemical project in Russia...

The International Energy Agency is to hold a formal review on whether and how to make more of...

Dutch lender ING will no longer provide financing for new oil and gas fields while it pledged...

Trading house Trafigura doubled its new credit line as it tapped up six banks for $2.3 billion...

French energy major Total said Tuesday it would stop purchasing crude and oil products...

Saudi Aramco said it will raise its capital expenditure to as much as $50 billion this year and will continue to lift...

Australian energy producer Woodside is joining forces with US tech companies LanzaTech and ReCarbon to plan a facility...

Swiss Re is to drop cover for the world's most polluting oil and gas firms, including dropping...

Dutch trading house Vitol has made its first deliveries of very low sulfur fuel oil (VLSFO) including a biofuel blend in Singapore...

TotalEnergies Marine Fuels has completed a first successful trial of used cooking oil biodiesel (UCOME) in VLSFO bunker fuel...

The board of directors at energy major Shell are being sued for a failure to properly prepare for the net-zero transition by...

A project to build a new 250,000 mt renewable diesel/HVO and sustainable aviation fuel (SAF) plant in Malaysia is progressing...

Australian airline Qantas has signed a second large deal for sustainable aviation fuel, with 20 million litres...

Biofuels consumption will more than double by 2050 driven by a massive ramp-up in demand for sustainable aviation fuel, with...