Europe Oil Company News

Germany energy company Uniper and energy firm Phillips 66 announced plans to build a green electrolyser near the Humber Refinery in the northeast of England to lower...

BP's greenhouse gas emissions rose around 2% overall in 2023 as start-ups of new projects outnumbered the impact of a smaller carbon footprint...

Independent oil trader Trafigura has agreed to acquire Greenergy's European business from Brookfield Asset Management for...

The owners of British Airways, Iberia and Aer Lingus – the International Airline Group (IAG) – said it would add around 7% to 2024...

QatarEnergy's plans to further boost its LNG export capacity will likely extend the bearish cycle in global markets for most of the...

Carbon sequestration and hydrogen technology are likely to take over from electricity as major drivers of decarbonisation in the European...

Banks and finance houses should not limit access to funds that could provide poorer nations with cheap energy that will help...

Austrian energy company OMV has signed off on the financing to build two green hydrogen units at its Romanian Petrobrazi oil...

German chemical giant BASF announced €1.1 billion ($1.2bn) in cost-cutting at its largest production site at Ludwigshafen after Europe, and specifically Germany...

The proposed merger deal between the chemical divisions of Adnoc and OMV have stalled with the two sides running into a number of disagreements...

Spanish energy company Repsol said Thursday it has delayed making final investment decisions (FIDs) on several green hydrogen projects...

Repsol confirmed its commitment to sustainable aviation fuel (SAF) amid plans to increase renewable fuel production by 70% by 2027...

Spanish energy company Repsol said Thursday that it expected refining margins...

Swiss-based mining company and commodities trader Glencore reported a steep year-on-year drop in profits during 2023...

Jet fuel refinery margins in northwest Europe have declined more than 20% in less than two weeks...

US refiner Marathon Petroleum is restarting units at its 363,000 bpd refinery in LA after a power outage...

Spain's Repsol has taken a visibreaker offline at its 220,000 bpd Bilbao refinery in the north of the country...

Indian fertiliser and petrochemical company Deepak Fertilisers has struck a 15-year-long liquefied natural gas (LNG) supply...

Hundreds of workers at Marathon Petroleum's 140,000 bpd Detroit refinery will down tools...

Refining margins for global distillates were set for the lowest level since early February...