Asia Oil Company News

BP joined the growing list of energy companies enjoying soaring profits, with the company reporting its...

The headline emission reduction targets of 25 of the world's largest companies tend to have low environmental integrity and rely on the wrong kinds of carbon offsets...

Malaysian lawmakers have pushed for the cancellation of a controversial carbon trading deal worth an...

Russia's state-owned energy major has signed an agreement to supply 100 million mt of crude oil and products...

Saudi Aramco will revisit plans to list more shares and could raise up to $50 billion selling a 2.5% stake in the company...

Water injection problems at Iraq's mega southern oil fields operated by international oil companies could hamper the country's ability to pump more crude...

hell's profits jumped in the fourth quarter amid surging oil and gas prices, although the downstream business suffered...

Intercontinental Exchange Inc. reported a fourth-quarter earnings increase, beating market estimates...

Finnish renewables producer and refiner Neste called on policymakers Tuesday to allow vehicle manufacturers to fund...

Vietnam's Nghi Son Refinery and Petrochemical Limited (NSPR), operator of the...

The European Space Agency's Sentinel-1B satellite remains offline more than three weeks after undergoing a significant disruption, with the outage likely to take several more "weeks"...

Sustainability consulting group Quantis published Thursday a new methodology for estimating the amount of CO2 sequestered by crops...

Oil companies should prioritise investments in short-cycle oil, such as shale from the US Permian Basin, to avoid stranded assets in the 2030s...

China's Sinopec said it expects its net earnings for 2021 to triple as Chinese demand for...

Woodside Petroleum has decided to withdraw from Myanmar due to the deteriorating human rights situation...

US-based startup Patch has integrated carbon ratings produced by BeZero into its application programming interface (API)...

Energy majors TotalEnergies and Chevron have pulled out a joint natural gas project in Myanmar amid shareholder...

Energy major TotalEnergies, Abu Dhabi government-owned renewable energy company Masdar and Siemens Energy will...

The maritime sector can achieve its stated goals of reducing greeenhouse gas emissions provided regulators apply a $11/mt global carbon price by 2025 rising to $264 by 2050...

The Science Based Targets Initiative (SBTi) launched Tuesday a consultation on its proposed new framework for greenhouse gas emissions reporting...