Oil Company News

Teamsters Local 283 could extend Detroit strikes to other Marathon refineries as negotiations reach a stalemate between the two parties...

Woodside Energy raised $2 billion through a bond sale, the company said Friday, a month after it announced to buy...

Colombia has started shutting production at oil fields blocked by protests, its state-owned oil company Ecopetrol said late Thursday...

Rhine River barge rates tumbled from two-month highs on Thursday as water levels are expected to build on this week's gains...

The EIA expects North America's liquefied natural gas (LNG) export capacity to double by 2028 from 11.4 billion cubic feet/day in 2023 to 24.4...

Goldman Sachs said Brent crude oil prices could trade lower to the $70/b threshold as oversupply risk is back in focus after Libya is on track...

Nearly 300 workers at Marathon Petroleum's 140,000 bpd Detroit refinery downed tools Wednesday in a dispute over a new labour...

US refiner Valero has begun works to resume operations at the 210,000 bpd crude distillate unit at its 360,000 bpd Port Arthur refinery in Texas after...

India's state-owned Oil and Natural Gas Corp. (ONGC) has initiated plans for a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to capture the nation's growing fuel demand....

A power outage in the Eurpoort area of Rotterdam shuttered both BP and Exxon's refineries Tuesday morning...

Oil refiner Orlen Unipetrol has started work to bring its 103,000 bpd Litvinov refinery in the Czech Republic back online this week after...

China's state-backed petrochemical cracker Tianjin Bohai Chemical Industry Group has restarted its 600,000 mt per annum propane dehydrogenation plant this week after...

Qatar is in discussions with Germany authorities over the possible acquisition of Rosneft's stake in the Schwedt refinery, which was placed...

Banle Energy International has now expanded its global port coverage to over 60 ports in 14 countries as the company prepares to captilise...

The trading arm of French energy giant TotalEnergies has been hit with a $48 million charge by US regulators to settle a case...

Socar will shut its STAR refinery on Turkey's west coast for up to two months for maintenance work amid falling refined product margins...

Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...

ExxonMobil is looking to divest some of its conventional oil and gas fields in the Permian Basin, with the sales potentially raising...

ExxonMobil said more investments are needed in oil and gas development to avoid global supply shortage as it expects demand to remain...

EET Fuels has appointed consulting and engineering company Wood a front-end engineering design (FEED)...