Europe Oil Company News

The European Space Agency's Sentinel-1B satellite remains offline more than three weeks after undergoing a significant disruption, with the outage likely to take several more "weeks"...

Sustainability consulting group Quantis published Thursday a new methodology for estimating the amount of CO2 sequestered by crops...

Oil companies should prioritise investments in short-cycle oil, such as shale from the US Permian Basin, to avoid stranded assets in the 2030s...

Finnish forestry and bioindustry company UPM has decided to proceed with engineering work in Rotterdam for a planned...

US-based startup Patch has integrated carbon ratings produced by BeZero into its application programming interface (API)...

European industry is raising its hedge on EU carbon prices as a growing number expect prices to break through the...

London-based carbon ratings agency Sylvera and Valencia-based marketplace ClimateTrade raised $32.6 million and $7.9 million...

The maritime sector can achieve its stated goals of reducing greeenhouse gas emissions provided regulators apply a $11/mt global carbon price by 2025 rising to $264 by 2050...

The Science Based Targets Initiative (SBTi) launched Tuesday a consultation on its proposed new framework for greenhouse gas emissions reporting...

South Pole has acquired Italian company Carbonsink to form the world's largest emissions project developer, the companies said...

Oil and dry bulk tanker operators are becoming increasingly involved in the voluntary carbon offset...

Austrian oil and gas group OMV will write down by €1.7 billion ($1.95 billion) the value of assets related to ADNOC Refining, its...

Saudi Aramco is expanding its global downstream presence with investments in Poland's refining, wholesale, and jet fuel marketing segment...

Dutch airliner KLM will boost the addition of Sustainable Aviation Fuel (SAF) to its jet fuel...

Energy major Shell's refining margin is set to hit the highest levels since 2019 in the fourth quarter last year, but oil trading...

There are "important deficiencies" in the way companies currently report their greenhouse gas emissions, according to a report...

Global methane concentrations have risen above the symbolic 1,900 nanomol/mol (ppb) threshold for the first time...

German power producer Uniper has increased its credit lines by €10 billion ($11.3 billion) at the...

News Corporation has purchased IHS Markit's Base Chemicals for $295 million, the companies announced...

Norwegian independent exploration and production company Aker BP will acquire Swedish Lundin Energy's...