Asia Oil Company News

Oman's new Raz Markaz crude terminal is over 70% completed and the first phase is set to start operations in the first quarter of 2022...

Saudi Aramco's plan to take a stake in Reliance Industries' oil refining and chemicals business took a step closer Monday...

Mining giant BHP has launched a review of its global oil and gas assets and is assessing a potential merger of the division with Perth-based producer Woodside...

China's state-owned Huajin will start construction of a 300,000 b/d refinery in the north-eastern city of Panjin later this...

Exxon Mobil has begun marketing its US shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and reduce debt...

Saudi Aramco will provide a number of its customers in Asia-Pacific and Europe with their requested September term crude volumes...

Italian oil major ENI reached an agreement with Taiwanese CPC Corporation to deliver a carbon...

Brownfield impairments will remain only a minor contributing factor to Russian oil output cuts, with the world's second...

Shareholders of The New Zealand Refining Company have overwhelming voted to convert the country's only refinery to a storage terminal ...

Glencore sees oil profits return to normal, coal improve, and metal and mineral profits surge...

The world's largest oil company rounds off the energy reporting season next week when Saudi Aramco is expected to deliver a strong set of results ...

The Japanese shipping company is betting on LNG as the bunker fuel of future...

Saudi Aramco has increased all Official Selling Prices (OSPs) for September-loading crude oil Asia, while cutting OSPs to Europe..

A fire that that broke out Tuesday at the Haldia Petrochemicals Ltd (HPL) plant near Kolkata, India, has been extinguished

Saudi Aramco, the world's top crude exporter, is expected to release its closely monitored Official Selling Prices for September this week and is likely to increase differentials for Asia...

ConocoPhillips sees returns from its Permian basin investment amid surge in oil prices...

BP expects its refinery margin profits to improve in the third quarter as long as Covid restrictions continue to ease, particularly in the US ...

Energy majors TotalEnergies and Chevron are in separate talks with Indian state-owned oil and gas producer ONGC ...

Saudi Aramco, the world's largest oil-exporting company, has dismissed reports that it is interested in Bitcoin mining...

Sydney-based OilSearch has accepted a revised A $21 billion merger offer from fellow Australian company, Santos, creating one of the 20 largest oil and gas companies...