Mitsubishi Corporation agreed to sell a 49.9% stake in its LNG Canada holding subsidiary to an investor group led by Blackstone Credit & Insurance, while retaining 50.1% control. Mitsubishi values the ...

Imperial Oil is considering advancing the final investment decision for its proposed Aspen oil sands project in northern Alberta, previously planned for the end of the decade. CEO John Whelan said the ...

On October 31, 2026, Venture Global (NYSE: VG) commenced commercial operations of the first phase of its second LNG export project – Plaquemines LNG – and the sale of low-cost, U.S. LNG to the first ...

Chevron’s third-quarter profit surged to $9.9 billion, nearly tripling from the previous year, with earnings of $5.06 per share. Adjusted earnings reached $10.4 billion, surpassing Wall Street ...

ExxonMobil reported a third-quarter profit of $15.4 billion, more than double its earnings from the previous year, driven by full-capacity operations at its Gulf Coast refineries and high diesel ...

Valero Energy Corporation has agreed to acquire LYB Houston Hub Holdings LLC, a subsidiary of LyondellBasell Industries, for $320.5 million, in a move that will expand its refining presence along the ...

According to Law Commentary, President Trump has invoked the Defense Production Act to direct up to $150 million toward U.S. oil refineries and petroleum infrastructure as national average gasoline ...

According to Argus Media, Sabic expects delays to the startup of new petrochemical projects in the Middle East because of ongoing supply chain disruptions caused by the US-Iran conflict, with no ...

According to Deloitte, disruptions in the Strait of Hormuz, which carried about 20% of global oil and gas exports in 2025, left more than 10 million barrels per day of Gulf oil production offline in ...

According to OilPrice.com, Saudi Arabia has agreed with Singapore to store crude oil in the Jurong Rock Caverns, an underground facility within a southern Singapore petrochemical complex, with ...

Brazilian state-owned oil company Petrobras reported third-quarter 2026 oil, gas and natural gas liquids production of 3.51 million barrels of oil equivalent per day (boe/d), up 11.7% year-on-year and ...

BASF has inaugurated the expansion of its Alkyl Polyglucosides (APGs) production capacity at its Cincinnati, Ohio site. The investment reinforces BASF’s position as a leading APG supplier in the ...