Oil Company News

The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...

Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...

ExxonMobil was restarting an unspecified unit Monday at its Gravenchon refinery on French Atlantic coast...

PBF Energy reported a fire at its 160,000 bpd Torrance refinery in California over the weekend

Ammonia production in Trinidad and Tobago hit its lowest level since 2002 at the start of this year, although exports stood at just...

NG export capacity from the Republic of Congo is set to grow more fivefold in 2025 after overseas shipments started in Q1 of this year...

Two North Sea pioneers are set to offload further assets off the UK coast, with independent producer Viaro Energy set to snap up around...

US energy major ConocoPhillips will acquire Marathon Oil, in a deal that values the Houston-based company at just above $22.5 billion...

The Caspian Pipeline Consortium (CPC) expects flows on its infrastructure running from Kazakhstan to the Black Sea to come in 7%...

Australian energy producer Santos has signed an LNG agreement with Japan's Hokkaido Gas Company to supply cargoes from 2027...

Shareholders of Hess Corporation have approved the company's proposed $53 billion takeover by Chevron, with the deal subject to a legal challenge...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

BP and Shell have agreed to sell their defunct Sapref refinery in South Africa to state-owned Central Energy Fund...

Finland-based biofuel and feedstock provider Neste has struck an agreement with Japanese chemicals company Resonac on the...

South Korean refiner HD Hyundai Oilbank will begin co-processing to produce sustainable aviation fuel and bionaphtha...

India's April crude oil refining pulled back about 8% from March's record high through April as a series of scheduled turnarounds at the...

Japanese energy company Cosmo Oil has started to wind down operations of the No2 crude distillation unit (CDU) at its Chiba refinery...

Two European banking giants have exited the market providing bonds that underwrite oil and gas deals...

Japanese shipping line NYK Line has begun a biofuels test run on its crude oil tanker on 2 May, the firm announced Monday...

Japan's biggest oil refiner has started a three-month-long planned maintenance at two of its refineries this month, with nearly 300,000...