Europe Oil Company News

Orlen Unipetrol has closed the 103,000 bpd Litvinov refinery in the northeast of the Czech Republic after local authorities...

The maximum load river barges can carry on the Rhine River will gradually drop over the next weeks after water levels peak...

Saudi Arabia's national shipping company has booked nine VLCCs from Capital Maritime & Trading as it continues to overhaul its...

Poland's Orlen Group has signed another deal with BP for 6 million mt of North Sea crude over the next twelve months...

Cepsa has announced it plans to sell its liquefied gas subsidiary to a Chilean energy and natural resources company in order to fund investments...

A trial date has been set for the former Trafigura executive, Mike Wainwright, on charges related to bribery allegations...

Petrobras reported a surprise second-quarter loss Friday as the state-ran company settled a long-running tax dispute...

Motiva is expected to keep its gasoline-producing FCC at the massive 640,000 bpd Port Arthur refinery...

Marathon Petroleum remains bullish on fundamentals for US refiners as industry margins slim in an increasingly "mid-cycle" environment

TotalEnergies has agreed to divest its Pakistani assets with the sale of a 50% share in fuel retailer Total Parco to Gunvor.

The UK The Serious Fraud Office has charged five former Glencore employees over allegations related to corrupt payments...

Profits at Austria's OMV group fell over the quarter as weak refinery margins and lower upstream production weighed on its recovering chemicals business...

BP's crude oil refining margins in Europe slumped to a three-year low in Q2 due to its relatively high dependency on diesel...

Vitol has paid out another bumper bonus pot to its senior staff and traders, as the world's largest oil trading company...

The two-year golden age of highly inflated oil refining margins in Europe has ended as trade flows have normalised...

Shell has signed off on the final investment decision (FID) to install a 100 MW green hydrogen electrolyser at its Shell Energy...

TotalEnergies saw a slight decline in year-one-year second quarter hydrocarbons production, but it said it remains on course for...

TotalEnergies and RWE took the final investment decision on a Dutch offshore wind project on Wednesday, with the oil...

Spain's Repsol reported strong second-quarter results Wednesday as its upstream performance made up for lower refinery margins...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...