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Latest Articles in oil company

India Extends Deadline For Initial Bids To Buy State-Owned BPCL

In view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19 pandemic, the last date for submission of EoIs (Expression of Interest) is further extended to 16th November,

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Oil-Trading Bribery Probe Widens With New U.S. Charges, Guilty Pleas

Authorities in the United States and Brazil are investigating improper payments to officials at Petrobras, Brazil's state-run oil company, as part of Brazil's far-reaching corruption probe, known as Car Wash.

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Saudi Aramco Discovers Two New Oil And Gas Fields - Energy Minister

Hadabat al Hajara gas field in al-Jof region has a daily production rate of 16 million cubic feets of natural gas, along with 1944 bpd of oil condensate, according to the minister.

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Saudi Aramco's Profit Plunges, Sees Signs Of Oil Market Recovery

Net profit fell to 24.6 billion riyals ($6.57 billion) for the quarter to June 30 from 92.6 billion riyals a year earlier.

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PDVSA Changes Oil Deals To Include Shipping As Sanctions Bite

PDVSA has agreed since at least April with both long-term and new customers to oil deals that make the state firm responsible for transportation costs, and sometimes customs fees, according to internal documents

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Chevron Posts $8.3 Billion Loss On Writedowns, Job Cuts

Chevron's oil and gas production writedowns totaled $5.6 billion, mirroring those in recent days at Total, Royal Dutch Shell, and Eni, and an anticipated asset writedown of up to $17.5 billion from BP.

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