Europe Oil Company News
8 Nov 2023
Nordic shipping company Wallenius Wilhelmsen has conducted its first marine biofuel trial in South Korea...
8 Nov 2023
BP announced it has started oil and gas production from the Seagull field in the UK sector of the North Sea...
3 Nov 2023
Container shipping giant Maersk is to cut as many as 10,000 jobs as part of a shakeup of the company's business after disappointing Q3...
2 Nov 2023
A strong trading result of Shell's liquefied natural gas (LNG) business limited the company's 34% annual drop in Q3 earnings...
2 Nov 2023
Earnings at US independent refiners HF Sinclair and PBF Energy came in above expectations...
1 Nov 2023
Finnish energy company Neste announced it will scrap 400 roles in a cost-cutting exercise as competition in the global...
31 Oct 2023
Poland's Orlen reported its worst results in six quarters on Tuesday as eastern Europe's...
31 Oct 2023
An ageing oil tanker being used for floating production storage and offloading (FPSO), which exploded and sunk off the coast of Nigeria in...
30 Oct 2023
Israel's Energy Ministry has awarded a total of 12 licenses in the latest exploration found for natural gas in the eastern Mediterranean...
27 Oct 2023
US-based energy company ExxonMobil has left its estimate for oil production...
27 Oct 2023
TotalEnergies has shut unspecified units at its 240,000 bpd Gonfreville refinery in Normandy...
27 Oct 2023
US oil major Chevron produced a record volume of fossil fuels in Q3 on the...
27 Oct 2023
The freight rate to ship goods along the entire length of the Rhine River has tumbled nearly 20% this week as water levels...
26 Oct 2023
Finnish renewable fuel producer Neste plans to sell between 500,000 mt and 1 million mt of sustainable aviation fuel (SAF) next year ...
26 Oct 2023
Oil demand growth has been strong this year thanks to growth in Chinese demand and the recovery of air travel and that trend is likely...
25 Oct 2023
British energy major Shell said it will cut 200 jobs in its Low Carbon Solutions business unit next year, and put a further 150...
24 Oct 2023
Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...
24 Oct 2023
The recent run of long-term LNG deals from the Middle East has continued with two more supply contracts from...
23 Oct 2023
Staff were evacuated from a North Sea drilling rig over the weekend after several of its anchors came loose during Storm Babet...
23 Oct 2023
The limit on the cargo river barges can carry around the Middle Rhine chokepoint of Kaub will double in the coming week...