05.02.2013
- Shell announced today that it has taken a final investment decision to upgrade its Singapore production facility for polyols, raw materials used in the manufacture of high-quality...
05.02.2013
- Shrinking British oil company BP announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oil spill payout when...
05.02.2013
- China Petroleum & Chemical Corp (Sinopec), Asia's largest refiner, said it plans to raise about $3.1 billion in a share offering to fund its business development, sending its...
04.02.2013
- Anglo-Dutch oil major Royal Dutch Shell's Indian unit will challenge a claim by the local tax authorities that a share sale to its overseas parent in 2009 was undervalued by $2.7...
04.02.2013
- Marathon Petroleum on Friday closed its $2.4 billion acquisition of BP 's Texas City, Texas, refinery, both companies said. Marathon also said that the 451,000 barrels-per-day...
01.02.2013
- Rosneft came in slightly below forecasts with a 7% rise in 2012 net profit on Friday while free cash flow halved ahead of its $55 billion takeover of TNK-BP, sending shares in...
01.02.2013
- Strength in refining and chemicals led to higher-than-expected fourth-quarter earnings for Exxon Mobil and Chevron, the two largest U.S. oil companies. A flood of oil produced from...
31.01.2013
- Anglo-Dutch oil company Royal Dutch Shell pledged an ambitious 4.7% increase in its quarterly dividend on Thursday and pushed ahead with plans to deliver more oil and gas, despite...
