Oil Company News

28 Sep 2022
UK oil and gas output was estimated at 490 million boe in 2021 but only around 40 million boe net were added to reserves as exploration...
28 Sep 2022
Russian gas giant Gazprom has threatened to further limit natural gas deliveries to Europe if Ukrainian...
28 Sep 2022
TotalEnergies' 240,000 bpd Gonfreville refinery started shutdown procedures on Wednesday following a strike...
26 Sep 2022
Galp's 226,000 bpd refinery in Sines is to close for 25 days of maintenance next month, the company confirmed...
22 Sep 2022
A fire broke out at Total's Gonfreville-l'Orcher refinery in northern France but was quickly brought under control...
22 Sep 2022
The world's third-largest container shipping company, CMA CGM, bought seven new container...
22 Sep 2022
Tata Group has signed a memorandum of understanding with the Indian Institute of Petroleum to develop sustainable...
21 Sep 2022
The German government has taken near-complete control of Uniper, nationalising the country's largest natural gas importer...
16 Sep 2022
The German government announced a package of support for its newly-nationalised Schwedt refinery...
16 Sep 2022
The German government has placed the assets of Rosneft Deutshland under state control...
16 Sep 2022
Germany's Uniper is in talks with the German government over a possible nationalisation as part of a further rescue plan...
15 Sep 2022
The German government is considering bringing the troubled Schwedt refinery – majority owned by...
15 Sep 2022
Energy giant Shell has named company insider Wael Sawan as its new CEO, replacing Ben van Beurden who will step down...
15 Sep 2022
TotalEnergies has completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq...
14 Sep 2022
Shipping company Maersk Supply Service was the latest to offer customers the option to cut emissions by paying extra...
13 Sep 2022
Oil trading giant Vitol Group has smashed its previous record by making more profit in the first half of 2022 than...
13 Sep 2022
Biofuel producer Neste, energy major Shell, chemical producer Borealis and appliance maker Philips were amongst ten...
13 Sep 2022
The first transactions on the benchmark cash Brent contract have been concluded using the GT&Cs of oil major BP, in break from
12 Sep 2022
Investment bank UBS cut its Brent forecast by $15/b on Monday, citing lockdowns in China and resilient Russian exports...
7 Sep 2022
Spain's Repsol has sold 25% of its upstream unit to US institutional investor EIG for $4.8 billion...
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