Oil Company News

Seplat Energy is targeting a 50% increase in production to 200,000 bpd by 2030 via a $3 billion investment and new wells drilled...

ExxonMobil's French downstream subsidiary Esso SAF on Thursday reported an €85 million ($100 million) loss for the first six months of the...

Ecopetrol expects to increase asphalt exports by 40% to around 600-1,000 tons per month and target new regional markets...

US major ExxonMobil has pulled investment in European chemical recycling, ahead of draft legislation it says would make the spending...

South Korea's SK Group is looking to sell its stake in the 3.2 million mt-per-year petrochemical cracking joint venture in China as profits...

Enbridge has not prorated nominations from shippers seeking to use its Mainline oil pipeline system...

Enbridge's proposed joint-venture Southern Illinois Connector (SIC) crude pipeline project received ...

An Adnoc-led consortium has abandoned its AUD 18.7 billion takeover attempt for Santos, ending months of talks that would have marked...

Australian mining giant BHP is set to mothball a major coal production facility Queensland, blaming the "unsustainable impact" of royalties...

TotalEnergies continues to ramp up its African E&P efforts with four production sharing contracts signed offshore Liberia...