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Oil giant
Oil&Gas Drilling
Indian State Oil Giant To Significantly Expand Oil Exploration
Indian state firm Oil and Natural Gas Corporation plans to raise fourfold its exploration and production acreage by 2025
Crude Oil
China Oil Demand Seen Peaking In 2030
Crude oil demand in China is set to peak in 2030, until then driven by robust petrochemicals demand, research from state oil giant CNPC has suggested.
Cooperation case
China, Russia forge Close Ties in Energy Cooperation Under BRI: Sinopec Report
China’s oil giant Sinopec on Tuesday released a report about the company’s participation and growth in Russia which deepens ties with China on energy cooperat…
Electric Vehicle Battery
Oil Giant Teams up with Aulton to Build Battery Swap Stations
British Petroleum to embrace alternative electric refueling method
Natural Gas
Russian Oil Giant Rosneft Seeks Approval To Export Natural Gas
State-controlled Rosneft, the largest oil producer in Russia, has asked Russian President Vladimir Putin to be allowed to export natural gas with giant Gazprom …
Oil Price
Aramco Posts Nearly 300% Leap in Second-Quarter Profit as Oil Demand Recovers
Saudi state oil giant Aramco reported a stunning 288% increase in net income to $25.5 billion for the second quarter, while maintaining its dividend of $18.8 bi…
Mexico
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…
S. Sudan: Petronas may not Participate in First Oil Licensing Round
Malaysian oil giants, Petronas announced on Thursday that the company does not intend to participate in South Sudan’s first oil licensing round.
Crude Oil
Oil Giants See Crude at $100/barrel on Supply Side Constraints
Global oil markets had one of the most turbulent years in history last year with the coronavirus pandemic sending prices crashing
Crude Oil
Shell Considering Sale of Holdings in Largest U.S. Oil Field, Worth up to $10 billion
Oil giant Royal Dutch Shell is reviewing its holdings in the largest oil field in the United States for a possible sale as the company looks to focus on its mos…
Hydrogen Project
Sinopec to Launch First Green Hydrogen Project in 2022
Chinese state-controlled oil giant Sinopec said it expects to launch its first green hydrogen project, a zero-carbon fuel generated from renewable energy source…
Distributed Solar
Sinopec Launches First 'Carbon-Neutral' Gas Station
Chinese oil giant Sinopec Group has completed work on the country's first "carbon-neutral" gas station, marking an important step in its drive to reduce carbon …
Geothermal Power Plant
Why Oil Giants Like Chevron and BP are Investing in Geothermal Energy
Miles below the Earth’s surface, there’s a source of renewable energy that could sustain all of humanity for the foreseeable future.
Energy Transition
Rosneft, BP Forge Renewables Alliance
Russian, UK oil giants target green power projects as part of strategic collaboration
CNOOC
Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next
The Trump Administration is banning as of November 2021 the holding of shares in any Chinese company defined by the U.S. as having links to the Chinese military…
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