Asia Oil Company News

The commodity trading arm of US industrial major Koch Industries said it is divesting from oil trading as the conglomerate looks to streamline its...

US midstream giant Enterprise Products Partners expects oil and gas operators in the Permian Basin to...

Washington's surge in protectionism has dampened the outlook for international air cargo markets, the Association of Asia Pacific...

China's state-owned refiner PetroChina reported a small gain in quarterly profit compared to last year despite a slide in clean oil product sales...

Australia's Woodside Energy has approved the made a final investment decision to develop the three-train, 16.5 Mtpa Louisiana LNG...

Vitol has launched a new co-processed very low sulfur fuel oil offering to its customers amid growing demand for low-carbon fuels driven by EU reulations...

Reliance Industries plans to focus on supplying more fuel to the Indian market as demand growth weakens in international hubs...

South Korea's Hyundai E&C and Japan's Itochu have signed a business agreement to collaborate in "new growth" sectors, including ammonia...

Japan's largest utility and top LNG importer, Jera, is weighing up a long-term investment in the giant Alaska LNG project, a senior company...

South Korean oil refiner S-Oil expects its refining margins to improve through this quarter on the back of better gasoline demand and less oil...

Kuwait's state-owned Petrochemical Industries Company has agreed to take a minority stake in China's Wanhua Chemical Group, marking a major...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Taiwan's biggest oil refiner CPC is set to shut some of its crude distillation units in June for planned maintenance despite the overlap of peak...

Idemitsu Kosan said on Thursday it plans to build two dual-fuel engine Very Large Crude Oil Carriers (VLCCs)...

South Korean petrochemical crackers are looking to sell more facilities in 2025 as operational losses deepened in recent quarters amid weaker global demand...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

China is looking to establish a whitelist for sustainable aviation fuel exporters, while a similar export customs code to conventional jet fuel...

Australia's Woodside Energy is "progressing at pace" towards the final investment decision on its Louisiana LNG export project in the US....

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...