Europe Oil Company News

Refined oil product deliveries into the Spanish market from Exolum terminals sunk to the lowest in nine months in December, latest figures...

A Ukrainian drone strike overnight hit oil storage tanks at the Albashneft refinery in Russia's southern Krasnodar region, igniting a...

Austria's OMV warned investors it was unlikely to see a recovery in refinery margins this year as it struggles to compete in an overcrowded...

Equinor has halted production at its Johan Sverdrup oilfield on Tuesday after an unexpected power outage forced operations to be suspended...

The world's largest independent energy trader, Vitol, has projected that global oil demand will maintain its current levels through 2040...

A Swiss court has convicted ex-Trafigura chief operating officer Mike Wainwright of bribing an Angolan official, sentencing him to 32...

The International Energy Agency has come under fire this week, with its former Head of Oil slamming the agency over its "fanciful" and...

Shell kicked off fourth quarter earnings season Thursday with a profit miss, as losses in renewables and chemicals combined...

The European Union continues to face challenges in its efforts to decarbonise its passenger vehicle fleet, the ACEA warned on Wednesday, calling...

A Ukrainian drone attack overnight on 29 January triggered a fire at the Kstovo industrial complex in Russia's Nizhny Novgorod region, home...

Freepoint LNG has fully restarted after a winter storm knocked out power to the liquefaction plant last week

US refiner Delek reported emissions overnight related to a malfunction at a fluid catalytic converter (FCC) at its 73,000 bpd Big Spring...

At least four independent Chinese refineries, known as 'teapots', were reported Monday to have closed crude units after...

Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...

Shell reported a small fire and a spill of up to 30 litres of crude oil at its 404,000 bpd Pernis refinery over the weekend but said it would...

Swiss testing giant SGS and France's Bureau Veritas have abandoned merger talks aimed at creating a $33 billion leader in the global...

Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...

Adnoc will not be returning to the Red Sea anytime soon, with the key shipping route still seen as a risk, according to a senior...

LyondellBasell will begin the planned permanent closure of its 264,000 bpd Houston refinery over the coming week, the company confirmed Thursday.

ANZ anticipates a challenging year ahead for global natural gas markets in 2025, projecting sustained upward pressure on prices as escalating...