Asia Oil Company News

Oil demand will flatline for much of this decade before falling 20% by the middle of the...

Shipping group Maersk will boost its bio methanol purchases to 730,000 mt a year as part...

Energy major Shell is set for an extra $400 million of losses on top of an existing $3 billion impairment...

Italian oil major has suspended all its new purchases of Russian crude oil and oil productions...

Swiss-based merchant Trafigura has tapped a $1.2-billion credit line in "record time" from multiple...

German utility and energy trader Uniper has taken a near-€1 billion ($1.08 billion) write down on its investment...

The leading aggregator that compiles corporate pledges to cut emissions has temporarily removed oil and gas companies from its repository...

Portuguese refiner Galp will stop buying Russian oil products following Russia's invasion...

US engineering company Honeywell and China's Oriental Energy have agreed to build a new 1 million mt per year...

French energy major TotalEnergies will retain its current oil and gas assets in Russia despite...

BP will sell its 20% stake in Rosneft and Equinor will end its Russian joint ventures as both energy majors...

Turkey's imports of crude oil were at a 10-month low in January in a seasonal move, falling 12% on the month to...

Thai oil imports in January hit their lowest level since the start of the pandemic as its...

Airline group IAG predicted its capacity will return to 85% of 2019 levels this year supported by "robust" summer bookings...

Chinese steel producer Baosteel and UK energy major Shell have signed an agreement on carbon trading, green steel...

A carbon-backed cryptocurrency has announced a series of partnerships for the supply of voluntary carbon credits...

Shares in Russian energy companies were battered Monday as the threat of US-led sanctions over military...

Swiss emissions registry the Gold Standard has just registered a new biogas emission reduction project in India...

Japanese refiner ENOES and tyre and rubber company Bridgestone will work together to develop recycling used...

Newly-funded company the Shared Wood Company has raised $500 million from investors to develop nature-based carbon credits...