Europe Oil Company News

Saudi Aramco lowered its official selling price (OSP) for propane and butane for the second month in a row, with...

Dutch energy company GasTerra said on Monday it had refused to pay for Russian gas in rubles, after which Gazprom said deliveries...

A number of under-the-radar commodity traders are cashing in on Russian oil, stepping in to buy and transport crude to customers as their bigger rivals retreat...

Russian President Vladimir Putin reaffirmed in a phone talk with Austrian Chancellor Karl Nehammer Moscow's commitment to honor its contractual obligations...

Energy giant Shell is in talks with a consortium of Indian companies to offload its 27.5% stake in the Russia Sakhalin-2 LNG plant...

Iraq's oil minister has discussed with BP raising output capacity at the 1.5mn bpd Rumaila field, the country's largest, to...

Years of under-investment in mining and metals essential to the energy transition, supply shocks, and high energy...

Energy major TotalEnergies has already reduced its use of Russian crude oil at its Leuna refinery in Germany, which...

Energy major Shell has launched a new programme that will deploy a mixture of biofuels, electric vehicle logistical support...

The redrawing of crude oil and refined product trade routes across the globe following the...

The German petrochemical sector warned of a gloomy outlook in its quarterly report after run...

One of the world's biggest commodity trading houses – Trafigura – has tied up with technology company...

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressure...

Global electric car sales continue to go from strength to strength, although more effort will need to be made at a...

The ongoing political tussle over whether the UK will hit oil and gas firms with a one-off tax on their profits...

The CEO of German biofuel producer Verbio, Claus Sauter, has expressed interest in expanding the company's operations at...

Energy major BP have signed a 1-year deal to supply a 30% biodiesel blend to mining giant Rio Tinto, who will use the trial...

One in three businesses globally failed to meet their decarbonisation targets for 2020...

Former German Chancellor Gerhard Schroeder plans to leave the board of directors of Russian state energy company Rosneft as the backlash...

European car sales have fallen to levels only seen before during the pandemic, with manufacturers struggling from...