Europe Oil Company News

German energy company Uniper will switch its supply of LNG for the transport sector to bio-LNG starting this summer...

Price-reporting agency Argus has proposed to stop publishing its benchmark Eurobob oxy...

Italian energy firm Eni announced Monday the launch of is new brand of 100% renewable diesel...

French utility giant EDF has filed one of the largest corporate losses ever recorded in France at almost €18 billion, after struggling...

Shell will begin major maintenance at its 400,000 bpd Pernis refinery in Rotterdam in March...

Switzerland-based trading house Glencore announced it will payout $7.1 billion to its shareholders after...

Swiss trader Gunvor has merged its Rotterdam refining and terminal businesses, which will now be called Gunvor...

Portugal's Galp reported a 93% increase in full-year profits Monday as it announced the sale...

UK climate law charity ClientEarth on Thursday said it is taking oil major Shell's board of directors to court for failing to move away from

 German fuel supply is set to tighten as both Gunvor's Ingosladt and Bayernoil's Neustadt-Vohburg...

BP will invest an additional $8 billion in its upstream business by the end of the decade unwinding...

Global air passenger traffic continued to pick up in December to confirm a solid year of post-Covid gains for...

Dutch tank storage company Vopak will acquire trader Gunvor's 982,000 cubic metre facilities in Antwerp for an undisclosed...

Belgian oil tanker giant Euronav posted better-than-expected Q4 results on Thursday thanks to rising freight rates...

Shell's Q4 earnings beat analysts' expectations with two-thirds of the profits made by its natural gas...

ExxonMobil reported a record $56bn in full-year profits Tuesday following another big quarter..

Profits at Ryanair, Europe's largest airline, flipped to profits in the quarter to December as travel demand...

 Portugal's Galp forecast a fall in fourth quarter crude runs and subsequent lower refined product...

Refiner Valero expects firm refining margins to continue for 2023, as the US refining sector is likely to enjoy further advantages over its European counterparts...

US refiner Valero reported a ten-fold increase in full-year profit to $11.5 billion Thursday...