Asia Oil Company News

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

Saudi Aramco's contract prices for LPG to customers in Asia are set to diverge this month as propane levels were lifted to an...

Trafigura said it has uncovered  serious misconduct by individuals in its Mongolian business, resulting losses...

Global energy major Saudi Aramco is exploring investment opportunities in Vietnam's oil market in a bid to streamline its crude flows...

Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 19% increase in international passengers over...

Russian gas and LNG producer Novatek has shut the only operating train at its Arctic LNG 2 project and will cease commercial operations at...

Sinopec's profits over the third quarter declined by 52% over the year as lower energy prices met falling output...

China's oil giant PetroChina is shutting down its 410,000 bpd Dalian refinery amid weaker refining margins and is eyeing a new refining...

US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...

The 110,000 bpd Atyrau oil refinery in west Kazakhstan has started operations ahead of schedule after a scheduled overhaul, the company...

Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...

Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...

A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...

Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...

Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...

Australia's Woodside Energy announced record quarterly gas and oil production during the Q3 2024 period, underpinned by...

Australian refiner Ampol will perform additional maintenance at its Lytton refinery next month as it struggles with weak margins, with cracks...

ndia's Reliance Industries reported a 3% drop in quarterly earnings Monday, as it said unfavourable global demand-supply...

Six former Glencore employees, including the commodities giant's former head of oil, will have to wait until at least 2027...

Shell became the latest energy major to warn investors of lower Q3 refining margins as a selloff in global product prices weighed on...