Oil Company News

The US unit of trading giant Trafigura has agreed to pay $55 million to settle a case with regulator the CFTC...

Quantum Commodity Intelligence – Indian state-owned oil marketing company Bharat Petroleum will look to set up sustainable aviation fuel units at its three refineries...

The world's largest oil company Saudi Aramco has entered into an initial agreement to purchase LNG from NextDecade...

he US Environmental Protection Agency (EPA) was hit by three lawsuits Thursday representing more than 30 industry bodies...

Standard Bank, Africa's largest lender by assets, is set to provide financing for the controversial East African Crude Oil Pipeline...

South Korean refiner Hyundai Oilbank has temporarily cut run rates at its 520,000 bpd Seosan refinery after a processing error...

Indonesia's state-owned energy firm Pertamina will acquire a Brazilian ethanol and sugar producer to ensure a supply of finished ethanol...

Austrian refiner OMV has announced the official start of biofuel co-processing at its 200,000 bpd Schwechat crude oil refinery...

Indonesian oil refiner Pertamina was heard looking for spot deliveries of 800,000 barrels jet fuel via a tender on Monday in yet another...

US driller Noble Corp has agreed to buy Diamond Offshore and a cash-and-stock deal worth around $1.6 billion...

German biofuel producer Verbio is expanding its bio-LNG filling station network with renewable energy company BayWa to promote the fuel for...

The Chapter 11 bankruptcy filing by the lead contractor on the Golden Pass LNG terminal will likely lead to a delay of at least least six...

Indonesia can save up to IDR 244 trillion ($15 billion) in foreign exchange by implementing 40% biodiesel blending...

A tanker carrying around 2 million barrels of US crude has been waiting over a month to discharge at Nigeria's new Dangote...

The floating production, storage and offloading (FPSO) vessel that will be used for BP's new project off the coast of Northwest Africa...

Taiwan's Formosa Petrochemical Corp is set to lower crude run rates this month as export margins for...

Finland's Neste has ended a major turnaround at its Porvoo refinery, shut in April for scheduled works...

Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...

Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...

Global air travel demand has surpassed pre-Covid levels and will continue to grow this year, boosting profitability as the effects of the pandemic...