Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu will combine management of their key businesses, an Idemitsu spokesman said, pursuing a merger bitterly opposed by...
Czech downstream oil group Unipetrol’s largest minority shareholder Paulinino Limited will sell its stake to majority owner PKN Orlen when it opens a voluntary tender...
PetroChina’s oil and gas trading arm aims to buy petrol stations and fuel storage facilities, setting up business in West Africa, Brazil and Pakistan in a major global...
Progressing signs of crude oil market rebalancing and a tighter market by mid-2018 could lead to a gradual exit from production...
Venezuela’s PDVSA could lose its licence to operate an oil storage terminal it owns on the Dutch Caribbean island of Bonaire if it does not soon fulfill maintenance...
Thai oil company PTT Exploration and Production said it was planning total expenditure of $3.1 billion in 2018, up a touch from the $2.9 billion it earlier estimated for...
ExxonMobil Corp and BHP Billiton have agreed to end a nearly 50-year-old gas marketing joint venture in Australia, bowing to pressure from the nation’s competition...
