Oil Company News

Crude oil futures continued to retreat from early-week highs as supply glut fears resurface, fuelled by speculation that OPEC+ would continue...

US major ExxonMobil is seeking to offload more European downstream assets, including chemical plants in the UK and Belgium...

South Korea's largest petrochemical producer LG Chem is prepared to sell its Yeosu naphtha cracking facility to GS Caltex, as the industry reshuffle...

BW Offshore has signed a preliminary agreement with Equinor to build a floating production, storage and offloading (FPSO) vessel...

Fuel retailer Alimentation Couche-Tard reported mostly higher gross margins and increased fuel volume sales from acquisitions...

Global E&P ConocoPhillips reduce 20%-25% of its workforce amid a broader restructuring program, according...

Cameroon's national refiner carried total debt of $1.4 billion and rising losses at the end of last year, the company said Wednesday...

Woodside Energy has played down suggestions that China's massive pipeline gas deal with Russia would displace demand for LNG...

TotalEnergies and partners will drill this year one exploration well in the Republic of the Congo after being awarded a permit...

Ecopetrol restarted operations at its 230,000 bpd Barrancabermeja refinery following maintenance on one of its UOP-designed cracking plants...