Energy Company News

Spain’s Cepsa reported a jump in full-year profits Friday on the back of high energy prices...

Petrobras reported full-year profits of $34.4 billion Thursday, the largest of any Brazilian company ever...

Russia can develop its own crude oil price benchmark in 2023 as the country comes to terms with increasingly...

Saudi Aramco has completed the $2.65 billion purchase US-based Valvoline's Global Products business...

Colombia’s state-owned Ecopetrol reported record full-year earnings of $6.9 billion Wednesday...

France’s TotalEnergies has agreed to buy Cepsa’s upstream assets in Abu Dhabi...

A contract worker has died during maintenance at Marathon Petroleum’s 593,000 bpd Galveston Bay refinery in Texas...

US major Chevron has laid out plans to increase its oil and gas production by about 30%...

Japanese trading firm Marubeni has delivered a new carbon-neutral liquefied natural gas (LNG) cargo to importer...

Price reporting agency Platts has added an exclusion on Russian-origin barrels to its Asian and Middle Eastern fuel oil...

Energy major Shell could walk back some of its commitments to reduce emissions as part of a strategic rethink...

Indian industrial conglomerate Essar has created a new energy transition company aiming to invest $2.4 billion in the UK...

 Russia has ceased oil supplies to Poland via the Druzhba pipeline CEO of Polish refiner PKN Orlen...

Petrochemical giant BASF will close several production lines at its site in Ludwigshafen as part of a...

Mexican state-owned oil refiner Pemex was hit by two fires at facilities in Mexico on Thursday...

Polish energy group Orlen reported a three-fold increase in full-year profits to 35.3bn zlotys

Chesapeake Energy Corporation said it will cut back on drilling activity following the collapse in US natural gas prices, which has seen near-month futures prices...

German energy company Uniper will switch its supply of LNG for the transport sector to bio-LNG starting this summer...

Price-reporting agency Argus has proposed to stop publishing its benchmark Eurobob oxy...

Tanzania has approved the construction of a controversial pipeline that will allow Ugandan crude oil to be delivered for export markets...