Oil Company News

Petrobras boosted oil and gas output to record levels in the second quarter and said production this year is set to reach the upper end of...

Jamaica state-owned refiner Petrojam has ramped up residual fuel oil exports and tripled asphalt production to deal with an oversupply...

Chinese petrochemical producer Tianjin Bohai Chemical has restarted its 600,000 mt-per-year propane dehydrogenation plant this week after...

Japan's second-largest oil refiner Idemitsu Kosan said it has bought a small volume of US crude oil and is considering more purchases in a bid to...

Talos Energy swung to a $185.9 million net loss in the second quarter from a $12 million profit a year earlier, driven by a $224 million non-cash...

US major ConocoPhillips expects company-wide hydrocarbons production to gradually dip by about 2% or 40,000 bpd per quarter...

Houston-based Murphy Oil saw oil and gas production from its Eagle Ford acreage in south Texas above expectations for the second quarter...

Houston-based APA Corporation expects to keep Permian oil production flat for the rest of the year despite running fewer rigs...

Japanese oil refiner and petrochemical producer Cosmo Energy is planning a turnaround at its Sakai refinery later this year...

Israel's Leviathan natural gas field has signed a $35 billion deal to supply natural gas to Egypt, one of the partners in the field announced...