Asia Oil Company News

Iraq says it is in talks with US energy firms to find a buyer for Exxon's major stake in the West Qurna 1 oil field

Major carriers Qantas and American Airlines have both issued bullish trading updates...

Energy major Shell will have produced 75% of its known oil and gas reserves by 2030 and 97% by 2040, the company said ...

Iraq's SOMO issues rare Basra Medium tender

ADNOC expands VLCC fleet, expected to support crude sales and trading activities

Swiss-based miner and oil trading house Glencore has signed a memorandum of understanding to develop carbon capture and storage...

The Dubai-based LNG trading firm, H-Energy, has been liquidated after defaulting on trading losses, according to ...

Saudi Aramco has agreed to sell a large minority stake in its pipeline assets for $12.4 billion...

Royal Dutch Shell is expecting to report a return to profitability for its upstream business for the first quarter, the first time ...

US investment bank Goldman Sachs said a return to Iran as a large global exporter of crude oil...

Global energy trader Vitol posted 2020 revenues of $140 billion on Tuesday, down $85 billion in a year...

Oil major BP's financial performance is set to exceed target in Q1 due to a combination of asset sales, a favourable price ...

Saudi Aramco has increased Official Selling Prices (OSPs) for all Asia-bound crude oil in May, but cut differentials for a number ...

Government-owned port operator Jurong Port has completed the acquisition of a stake in a major oil terminal owned....

The head oil major Total said Monday it could take two years for the world's economy to recover...

State-owned Saudi Aramco has hiked its official selling prices for most of its crudes headed to Asia...