State-owned oil company

SAF
Argentina’s YPF to Invest $400 Million in Sustainable Jet Fuel Venture
YPF, Argentina’s state-owned oil company, revealed plans to invest approximately $400 million in a new joint venture to produce and distribute sustainable…
Crude Oil
Mexico Exports 39% Less Crude Oil in June, Lowest Level in Decades
In June, Mexico's state-owned oil company, Pemex, experienced a 39% decrease in crude oil exports compared to the previous year, marking the lowest export l…
Oil Refinery
Petroecuador Declares Emergency at Ecuador’s Biggest Refinery After Fire Damages
Petroecuador, Ecuador’s state-owned oil company, announced a 60-day emergency at the Esmeraldas refinery, the country’s largest, on Thursday, follow…
Crude Oil
Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows
Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime …
Crude Oil
Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says
Mexico’s state-owned oil company, Pemex, expects to decrease crude oil exports this year as it directs more supply to domestic refineries, particularly th…
Oil Price
Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite
On Wednesday, Ecopetrol, Colombia’s state-owned oil company, announced plans to reduce costs and expenses by approximately 1 trillion pesos ($232 million)…
LNG
Argentina’s YPF Rules Out Building Land-Based LNG Plant, Local Media Reports
Argentina’s state-owned oil company, YPF, has decided against constructing an onshore natural gas liquefaction plant, opting instead to use floating vesse…
Oil & Gas Trade
China’s CNOOC Exits U.S. Offshore Oil and Gas
British energy firm Ineos has finalised its acquisition of the U.S. Gulf assets from China’s state-owned oil company, CNOOC. The deal, completed on April …
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Brazil
Petrobras initiates FPSO bid for Sergipe Deep Waters project in Brazil
Brazilian state-owned oil company Petrobras has commenced the procurement process for up to two FPSO units for the Sergipe Deep Waters (SEAP) project in the Ser…
Oil & Gas Trade
Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses
Mexico's state-owned oil company Pemex swung to a 256 billion peso ($14 billion) second-quarter net loss on Friday, red ink the energy giant chalked up to l…
Oil & Gas Trade
Azerbaijan in Talks to Increase Kazakh Oil Transit to 5-7 Mln T
Azerbaijan and Kazakhstan are discussing increasing the transit of Kazakh oil through Azerbaijan to 5-7 million tonnes, an official at Azerbaijan's state-ow…
Oil & Gas Trade
Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say
The BP logo is seen at a BP gas station in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File photo Purchase Licensing Rights33.2%.The…
Oil&Gas Drilling
Suriname Presses Exxon, Totalenergies to Combine Gas Developments
Managing Director of Staatsolie Annand Jagesar poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024. REUTERS/Callaghan O…
Oil & Gas Trade
Libya Says Production Has Resumed at Its Largest Oilfield After More Than 2-Week Hiatus
Libya’s state-owned oil company resumed production at the country’s largest oilfield Sunday, ending a more than two-week hiatus after protesters blo…

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State-owned oil company

Argentina’s YPF to Invest $400 Million in Sustainable Jet Fuel Venture

Mexico Exports 39% Less Crude Oil in June, Lowest Level in Decades

Petroecuador Declares Emergency at Ecuador’s Biggest Refinery After Fire Damages

Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says

Colombia’s Ecopetrol Plans Cost Cuts as Lower Oil Prices Bite

Argentina’s YPF Rules Out Building Land-Based LNG Plant, Local Media Reports

China’s CNOOC Exits U.S. Offshore Oil and Gas

US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude

Petrobras initiates FPSO bid for Sergipe Deep Waters project in Brazil

Mexico’s Pemex Swings to $14 Bln Quarterly Loss on Lower Sales, Currency Losses

Azerbaijan in Talks to Increase Kazakh Oil Transit to 5-7 Mln T

Exclusive: UAE's Adnoc Recently Eyed BP as Takeover Target, Sources Say

Suriname Presses Exxon, Totalenergies to Combine Gas Developments

Libya Says Production Has Resumed at Its Largest Oilfield After More Than 2-Week Hiatus