Asia Oil Company News

China's super major joins a host of international oil companies booking reporting Q1 profits Thursday...

Dubai's DXB reported a largely anticipated sharp fall in year-on-year passenger traffic, but jet prices responding to gradual demand recovery…

Refiners in India have postponed maintenance work as the country copes with the spike in Covid-19 infections...

Australian refiner and fuels and lubricants marketer Viva Energy announced Tuesday that its Q1 refining margin more...

South Korean refiner S Oil said Tuesday that its refining margins are expected to improve over the...

Saudi Arabia's navy was able to incept and destroy to boat before any attack on oil facilities could be launched...

UAE's sovereign wealth fund set to invest in Mediterranean gas project,

Oman's third refinery is on schedule to start operations in 2022....

Oil major Total has declared force majeure on its $20-billion liquefied natural gas plant in Mozambique...

Russian petrochemical producers Sibur and TAIF are to merge businesses in a deal that will see the new entity...

Japanese vehicle producer Honda announced Friday that it plans for 100% of its new vehicle sales to be powered by battery ...

China's National Offshore Oil Company's (CNOOC) Q1 production rose 4.7% in the first quarter...

Energy major Shell said Wednesday it is to carry out a feasibility study for the use of hydrogen fuel cells in shipping in a first ...

SOMO awarded its Basra Medium tender to a trader at around May OSP +$0.35

Saudi Arabia's new Jazan refinery is ramping up, with a total 8.72 million barrels of crude discharged in March...

Commodity trading house Trafigura will take control of more than 90% of shares in imperiled mid- and down-stream energy ...

Rongsheng purchases 6 million barrels of Abu Dhabi crude for its giant 800,000 b/d ZPC refinery.

Surgut set to sell eight ESPO cargoes via tender for June, premiums move up by around $1/b on the month

Goldman Sachs becomes the latest firm to advance peak oil demand forecasts as EVs take root.

An ocean-going vessel was bunkered this month from marine biofuel in Singapore for the first time in a trial carried out ...