Oil Company News
16 Mar 2022
TotalEnergies Marine Fuels has completed a first successful trial of used cooking oil biodiesel (UCOME) in VLSFO bunker fuel...
16 Mar 2022
Norwegian energy major Equinor has taken measures to keep gas flowing to European customers at peak winter levels...
15 Mar 2022
A project to build a new 250,000 mt renewable diesel/HVO and sustainable aviation fuel (SAF) plant in Malaysia is progressing...
15 Mar 2022
Australian airline Qantas has signed a second large deal for sustainable aviation fuel, with 20 million litres...
14 Mar 2022
Biofuels consumption will more than double by 2050 driven by a massive ramp-up in demand for sustainable aviation fuel, with...
14 Mar 2022
Polish oil refiner PKN Orlen will be able to manage a potential European embargo on Russian...
14 Mar 2022
Oil demand will flatline for much of this decade before falling 20% by the middle of the...
11 Mar 2022
Hungarian biofuel producer Rossi Biofuel has started operations at a new 50,000 mt capacity plant making biodiesel from...
10 Mar 2022
Finnish biofuels producer, oil refiner and fuels marketer St1 has joined forces with food company Valio to produce biogas...
10 Mar 2022
Shipping group Maersk will boost its bio methanol purchases to 730,000 mt a year as part...
10 Mar 2022
Energy major Shell is set for an extra $400 million of losses on top of an existing $3 billion impairment...
10 Mar 2022
The German diesel market is tightening amid a rise in heating oil demand and a fall in...
10 Mar 2022
Italian oil major has suspended all its new purchases of Russian crude oil and oil productions...
8 Mar 2022
Swiss-based merchant Trafigura has tapped a $1.2-billion credit line in "record time" from multiple...
8 Mar 2022
German utility and energy trader Uniper has taken a near-€1 billion ($1.08 billion) write down on its investment...
8 Mar 2022
UK energy major Shell is to immediately stop buying Russian crude oil, the company said Tuesday..
8 Mar 2022
Libya's NOC has lifted its force majeure on crude oil deliveries from two oil fields in...
7 Mar 2022
The leading aggregator that compiles corporate pledges to cut emissions has temporarily removed oil and gas companies from its repository...
7 Mar 2022
Spanish energy major Repsol has begun construction of a 250,000 mt capacity renewable diesel and sustainable...