Latest Stories

Shell: Asia to drive LNG demand as it almost doubles

26 February 2021

Royal Dutch Shell’s annual LNG outlook shows that demand for the fuel was resilient last year despite the pandemic, and further growth is expected.

Pavilion, Chevron sign LNG supply deal

26 February 2021

Singapore’s Pavilion Energy has signed a six-year agreement with Chevron, covering the delivery of 500,000 tonnes per year of LNG from 2023. Each cargo supplied under the deal will be accompanied by a declaration of its greenhouse gas emissions.

ExxonMobil unveils major downward reserves revision

26 February 2021

Super-major ExxonMobil has revised its global oil reserves downwards, to levels never seen before in the company’s recent history.

Producers, refiners return to service after winter storm disruption

26 February 2021

Refineries on the US Gulf Coast – particularly in Texas – have started bringing their plants back online following severe disruption caused by the winter storm last week.

Pioneer reports fourth-quarter profit

26 February 2021

Pioneer Natural Resources posted a net profit for the fourth quarter of 2020 this week, with the result beating analyst expectations.

Occidental posts larger-than-expected loss

26 February 2021

Occidental Petroleum has posted a larger-than-expected loss for the fourth quarter of 2020, having delayed the release of its result amid the winter storm last week.