Energy Company News

Energy major ExxonMobil has declared force majeure on its operations at the Sakhalin-1 project, with the firm no longer in a position to...

German utility giant Uniper will transfer payments for Russian gas to a Russian bank and no longer to a Europe-based bank...

Chinese state-owned refiner Sinopec produced a record volume of diesel and gasoline during the first three...

ExxonMobil announced Tuesday it has discovered oil in three new wells at its offshore Guyana development, raising recoverable oil and gas...

US refiner Valero Energy posted Q1 results on Tuesday, highlighting the impact that surging...

Kuwait Integrated Petroleum Industries Co (KIPIC) said its the Al-Zour refinery will start operations in the next few weeks...

The marginalisation of spot Russian cargoes for assessment purposes continued Monday as S&P Global...

Global airline capacity hit its highest level since March 2020 this week as Chinese airlines brought back...

Energy NGO Friends of the Earth Netherlands/Milieudefensie has written to Shell’s board, warning them that they...

The Chinese joint-owner of the Grangemouth oil refinery in Scotland could quit its joint venture with...

Energy major ExxonMobil may withdraw completely from Russian operations valued at over $4 billion by June 24...

The European Space Agency is set to declare its Sentinel-1B satellite lost if some last-ditch attempts at recovery fail...

LyondellBasell, the multinational chemical company plans to close its Houston refinery and exit the...

The Pakistan government has taken its dispute against two trading firms to the London Court of International Arbitration...

Novatek’s Arctic LNG 2 project will likely face delays beyond its scheduled 2023 start date as financing sources...

Vagit Alekperov, CEO and chairman at Russian oil producer and refiner Lukoil, has resigned from his posts, the...

Budget airline Ryanair will step up its sustainable aviation fuel (SAF) usage in the Netherlands after announcing a...

Russian oil major Rosneft is asking potential trade partners to pay for crude cargoes it is offering via tender upfront...

London-listed energy major Shell said it expects its demand for high-quality nature-based carbon...

Brazil’s largest fuel distributor Vibra Energia signed a five-year deal with local biodiesel...