Energy Company News

Pemex has shut units at its 312,5000 bpd Deer Park refinery in Texas after a gas leak killed two workers and injured others...

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

Nigeria's state-owned oil company has started to sell crude to the country's prized 650,000 bpd Dangote refinery this month as the country...

Gasoline production at Brazil's state-owned oil company Petrobras climbed to fresh highs in the third quarter of this year, latest data...

European refiner OMV was the latest energy company to warn investors to brace for lower quarterly results as it estimated its...

Chevron has sold its stakes in the Athabasca oil sands and Duvernay shale projects to Canadian Natural Resources in a deal worth...

Equinor has bought a 9.8% stake in Danish low-carbon energy developer Ørsted to increase its stake in renewable energy projects...

BP is set to abandon its target to slash oil and gas output by 2030 as its new CEO tries to regain investor confidence...

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

New electric vehicle (EVs) sales in the UK climbed to record heights in September, according to industry data released Friday, but remain far...

The United Arab Emirates will invest $23 billion in low-carbon hydrogen and ammonia over the next five years as part of its strategy...

TotalEnergies will ink a final investment decision (FID) for the GranMorgu development on Block 58 in Suriname for $10.5 billion, the company...

HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...

SCG Chemicals have started operations at its petrochemical site in southern Vietnam, the company announced...

Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 22% increase in international passengers over...

Woodside Energy has completed the purchase of OCI Global's 1.1 million mt/year blue ammonia plant in Beaumont Texas...

UN talks on decarbonising the shipping sector made progress on some key strands this week, but uncertainty remains on the extent proposals will ever be legally binding...

TotalEnergies has signed an agreement with Lewis Energy Group to acquire a 45% stake in its natural gas assets in Texas, the company said in a statement Friday...

South Korean oil refiner S-Oil has shut one of the three crude distillation units at its Onsan refinery for possibly a month-long maintenance...

The UK Coastguard is eyeing the movements of a damaged bulk carrier located off the coast of Kent and loaded with an explosive cargo...