Oil Company News

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Taiwan's biggest oil refiner CPC is set to shut some of its crude distillation units in June for planned maintenance despite the overlap of peak...

A commodities hedge fund operated by high-profile manager Pierre Andurand has slumped by over 50% so far in 2025...

Eni posted a first-quarter loss in its refining division as an unplanned FCC outage and lower utilisation weighed on performance...

Rhino Resources, operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in...

Valero's fuel import permit for Mexico was briefly suspended earlier this month because of a government...

Valero Energy Corp reported a net loss of $595 million in the first quarter of this year compared to net income of $1.2 billion a year ago...

Idemitsu Kosan said on Thursday it plans to build two dual-fuel engine Very Large Crude Oil Carriers (VLCCs)...

South Korean petrochemical crackers are looking to sell more facilities in 2025 as operational losses deepened in recent quarters amid weaker global demand...

Ryanair has significantly expanded its fuel hedging program, the airline's Chief Executive said in an interview on Tuesday, securing lower jet...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

China is looking to establish a whitelist for sustainable aviation fuel exporters, while a similar export customs code to conventional jet fuel...

Australia's Woodside Energy is "progressing at pace" towards the final investment decision on its Louisiana LNG export project in the US....

Activist investor Elliott Management has disclosed a stake of just over 5% in BP and is calling for deeper spending cuts and asset sales...

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...

Chevron has begun service at its joint-venture Ballymore oil and gas field in the Gulf of Mexico (GOM)...

The Nigerian National Petroleum Company wants to raise $60 billion and more than double its crude oil production to 3 million bpd by 2030...

Enbridge expects to restore normal operations to its liquids pipelines and terminals Thursday after temporarily...

Australia's Woodside Energy has signed a more than decade-long deal with Uniper to supply the German energy company with 2 million mt...