Oil Company News

BP's crude oil refining margins in Europe slumped to a three-year low in Q2 due to its relatively high dependency on diesel...

Eneos has restated the crude distillation unit at its 129,000 bpd Chiba refinery after an issue this week knocked the site offline, the company...

Vitol has paid out another bumper bonus pot to its senior staff and traders, as the world's largest oil trading company...

Motiva Enterprises looks to restart its fluidic catalytic cracker (FCC) unit at the Port Arthur refinery later...

Indonesian oil refiner Pertamina said its 300,000 bpd crude distillation unit at the Balikpapan refinery has restarted on time after a...

Losses at Mexican oil firm Pemex hit an eye-watering $14 billion in the second quarter as big forex losses mounted, while overseas...

Permian Resources is to acquire more than $800 million in Permian assets from Occidental Energy...

Japanese refiner Eneos has shut the crude distillation unit (CDU) at its 129,000 bpd Chiba refinery due to a malfunction, the company...

The two-year golden age of highly inflated oil refining margins in Europe has ended as trade flows have normalised...

Shell has signed off on the final investment decision (FID) to install a 100 MW green hydrogen electrolyser at its Shell Energy...

TotalEnergies saw a slight decline in year-one-year second quarter hydrocarbons production, but it said it remains on course for...

TotalEnergies and RWE took the final investment decision on a Dutch offshore wind project on Wednesday, with the oil...

Spain's Repsol reported strong second-quarter results Wednesday as its upstream performance made up for lower refinery margins...

Japan's largest oil refiner Eneos restarted its 175,000 bpd crude distillation unit at the Kashima refinery on...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...

China's state-owned energy giant Sinopec reported a sharp rise in gasoline and kerosene output in the first half of this year as...

The operator of Canada's Trans Mountain pipeline operator is set to refinance its huge debt pile ahead of the likely sale of the...

Australia's Woodside Energy is to acquire US natural gas company Tellurian Inc, developer of the planned Driftwood LNG project

Chinese state-owned refiner Sinochem is said to have shut two oil refineries in eastern China as the company struggled to...

Australian energy producer Santos said that its delayed Barossa gas project in the Timor Sea is now on course for first production in...