Europe Oil Company News

Shell has suspended operations at an LPG unit in its Moerdijk chemicals processing facility after a leak was detected earlier this week...

Commodity trader Cargill and tanker owner Hafnia have joined forces to make what will be one of the world's biggest bunker suppliers...

Petroineos has temporarily closed its polyethylene unit at its 210,000 bpd Lavera refinery for scheduled maintenance, the company...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Portuguese oil company Galp expects refining margins to decline to around $6/b in 2025 as new refining capacity comes online in South...

Mexico's PMI has raised the so-called K factor used in its formulas to price all its grades sold internationally ...

The International Energy Agency (IEA) anticipates that global oil markets will remain resilient in the face of mounting trade tensions, maintaining...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026 as part of a broader effort to cut costs and streamline operations...

Production has resumed at Norway's Johan Sverdrup oilfield, operator Equinor said on Wednesday, following a brief shutdown caused...

An incident at the Kårstø gas plant in Norway has suspended power supply to several oil platforms in the North Sea, including Equinor's Sverdrup...

Norwegian oil and gas producer Vaar Energi has raised its production guidance for 2025, forecasting output to exceed 400,000 barrels of...

Natural gas production facilities have been damaged in Ukraine's central Poltava region following an overnight Russian missile attack...

European natural gas prices could fall by as much as 50% if peace is restored between Russia and Ukraine, Goldman Sachs analysts published...

Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...

European energy transition targets are in danger of collapsing amid a lack of consumer interest, the Swiss Automobile Industry Association...

TotalEnergies' CEO Patrick Pouyanne ruled out any investment in the UK's North Sea because of the legal problems...

South Africa's Sasol warned investors Wednesday to expect a sharp drop in earnings, with repairs to its Natref refinery expected...

Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...

Equinor expects European natural gas markets to remain tight over the years ahead as escalating geopolitical tensions intensify global...