Asia Oil Company News

Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...

Production at Iraq's massive Rumaila oil field has been reduced by up to 300,000 bpd or around a quarter...

Swiss testing giant SGS and France's Bureau Veritas have abandoned merger talks aimed at creating a $33 billion leader in the global...

Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...

Adnoc will not be returning to the Red Sea anytime soon, with the key shipping route still seen as a risk, according to a senior...

Chevron has started oil production at its Future Growth Project (FGP) in Kazakhstan's Tengiz field, a key milestone in its efforts to boost...

South Korean oil refiner S-Oil expects crude oil refining margins to remain steady in the first quarter of 2025 after the company's...

ANZ anticipates a challenging year ahead for global natural gas markets in 2025, projecting sustained upward pressure on prices as escalating...

Australian energy producer Santos is advancing plans for a second LNG plant at Darwin as it looks to market gas internationally from the...

Eneos, Japan's largest oil refiner, has taken its 129,000 bpd crude distillate unit at the Chiba refinery offline for scheduled turnaround...

China's state-owned oil producer CNOOC plans to boost oil and gas production to a record high in 2025, citing expectations for 5% economic...

Saudi Aramco remains upbeat on the prospect of oil demand growth, including projections for China...

South Korean oil refiner GS Caltex is planning to shut some units at its Yeosu refinery in late February for a regular turnaround ahead of the demand season...

Cathay Pacific Airways reported sustained growth in December as robust consumer demand met accelerating business activity to spur...

Volumes of Canadian crude exported via the TMX pipeline could increase as the threat of US tariffs boosts demand for available capacity...

China's state-owned CNOOC and Shell have greenlighted an investment to expand a jointly owned petrochemical...

The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...

India will achieve its 20% ethanol blending in gasoline target by October, the end of the current ethanol supply year, while crude oil demand...

Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...

Global air cargo demand stabilised in November, offering a tentative sign of recovery in a market still grappling with weaker trade flows...