Americas Oil Company News

Brazil's Petrobras announced a new $102 billion five-year investment plan on Friday, up nearly a third from its previous target...

Bunker demand took a hit through the third quarter as a slowdown in global trade flows weighed on the market even as prices fell...

India's shipping industry is waiting on further direction from the foreign ministry on the handling of Russian tankers in breach of US and G7 sanctions...

Marathon and Lyondell were both seen restarting units this week at their respective Texas refineries, with Motiva...

US energy major Exxon Mobil is ready to invest up to $15 billion in Indonesia to fund petrochemical and carbon capture and storage (CCS) projects as...

ExxonMobil is expected to bring forward maintenance at two of the largest refineries in the US next year..

Demand for oil in transport would need fall more than two-thirds by 2050 from 2021 levels to keep global warming close to UN-agreed goals...

State-owned Petroecuador will wind down production at a major oil block in the Amazon rainforest till

Canada's Suncor expects refinery runs to dip in the fourth quarter on maintenance at its two largest refineries...

Private equity and financial giant Blackrock has invested $550 million into the Stratos direct air capture (DAC) plant in Texas...

Container shipping giant Maersk is to cut as many as 10,000 jobs as part of a shakeup of the company's business after disappointing Q3...

A strong trading result of Shell's liquefied natural gas (LNG) business limited the company's 34% annual drop in Q3 earnings...

US energy firm Chesapeake has signed a deal with Vitol supply up to 1 million metric tons LNG per year...

Earnings at US independent refiners HF Sinclair and PBF Energy came in above expectations...

The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...

An ageing oil tanker being used for floating production storage and offloading (FPSO), which exploded and sunk off the coast of Nigeria in...

ExxonMobil is set to further ramp up production from Guyana this year with the startup of the Payara field in the lucrative Stabroek block...

US-based energy company ExxonMobil has left its estimate for oil production...

US oil major Chevron produced a record volume of fossil fuels in Q3 on the...

US oil refiner Valero will ramp up its fleet of 14 refineries across the US during the fourth quarter, after its Q3 estimates came...