Europe Oil Company News

The UK Labour Party's plans to hike energy levies further in the North Sea if it wins power as expected this year could risk much-needed...

Terminal operator and fuel storage company Vopak has increased its earnings...

Shell has completed a three-month turnaround at its 404,000 bpd Pernis refinery in Rotterdam...

Nigeria's Dangote has slashed fuel prices at its mega refinery for the third time since it started...

International energy firms are lining up to take a stake in Adnoc's new LNG export plant, as companies race to secure stakes in what is viewed as...

TotalEnergies has announced a final investment decision in Oman's Marsa LNG project, while the energy giant also signed an LNG offtake agreement...

Philliips66 reported planned flaring at its 139,000 bpd Wilmington refinery in California over the weekend...

Production has restarted at Russia's 120,000 bpd Orsk refinery in Russia around two weeks after its owners Forteinvest...

Independent commodity trader Gunvor is set to use windfall trading profits from the last two years to leverage into assets...

A Trafigura-led consortium, Rhone Energies, has entered into exclusive negotiations to acquire ExxonMobil's 140,000 bpd Fos-Sur-Mer refinery...

BP will close at least two units for maintenance at its 94,000 bpd Lingen refinery in Germany next month

US producer Occidental Petroleum expects to restart operations in the US Gulf of Mexico that were curtailed...

The fall in natural gas and crude oil prices during the first quarter of 2024 and the unplanned outage at its Whiting refinery...

Crude prices are likely to hold in the $80-$100/b during 2024, underpinned by healthy demand growth, OPEC+ cuts and geopolitical risk...

Refinery throughput levels continued to fall for Austrian refiner OMV during the first three months of the year, although falling crude prices...

The world's largest independent oil trading company chalked up profits of $13 billion in 2023, its second highest on record...

Crude loadings from the Caspian Pipeline Consortium's export pipeline from Kazakhstan to the Black Sea have been halted for 72 hours...

Trading giant Trafigura has announced a management shakeup after two long-standing executives announced retirement plans...

Imperial Oil has begun shutting units at its 120,000 bpd Sarnia refinery for a planned turnaround...

ExxonMobil expects lower oil and gas prices and downtime at its refineries to squeeze first quarter profit...