Saudi Basic Industries Corporation (Sabic), one of the world's biggest petrochemicals companies, has registered a solid revenue of SR198.47 billion ($52.92 ......

Woodside Energy Group Ltd., Australia’s biggest oil and gas producer, says it will review potential acquisitions in the Gulf of Mexico after reporting its highe......

German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell).The LNG is int......

Germany’s chemical companies have renewed pessimism over prospects for exports, a vital outlet, research institute Ifo said on Thursday.The overall Ifo Export E......

Italy’s Eni (NYSE: E) reported on Thursday its highest annual net profit in over a decade, joining other international oil majors in reporting high or record ea......

·     Morgan Stanley has raised its global oil demand forecast for 2023 by 36%, an increase of 1.9 million barrels per day.·     C......

·     While Saudi Arabia’s monthly oil revenues have been falling in recent months, a strong start to the year boosted its annual earnings.· &nbs......

TechnipFMC has been awarded a significant contract (between $75 million and $250 million) for the subsea production system for Equinor’s Verdande project on the......

The significantly higher demand for liquefied natural gas in Europe is set to intensify competition with Asia in the short term and to dominate LNG trade in the......

Oil supplies will pose a bigger issue than demand for global markets in 2024 as some countries struggle with production and investment, the United Arab Emirates......