Europe Oil Company News

ExxonMobil has told investors it will cap spending at $20-25 billion per year out to the end of 2027 and has committed to...

The world is on course for a record 290 GW of renewable electricity added to global capacity in 2021, with energy...

Energy major BP announced Monday plans for a new 500 MWe green hydrogen project to be built at the Teeside hydrogen...

Gazprom has warned it is already seeing signs of natural gas demand destruction at recently elevated prices but warned...

Russia's Gazprom expects even higher earnings for its final quarter after it reported...

French energy major TotalEnergies will hand out $500 bonuses to over 60,000 of its global...

Svitzer, a towboat company owned by AP Moler-Maersk, is converting ten tugs that operate along the River Thames...

The US State Department has moved to add further names to its list of sanctioned entities involved in developing the...

Moët Hennessy and Prada Group are the latest companies to join the Science Based Targets initiative (SBTi)...

The fello'fly flight revolution, which will cut jet fuel bills and carbon emissions, has moved a step closer...

Royal Dutch Shell called Tuesday a deal on carbon trading agreed at the COP26 conference in Glasgow a "good agreement" that will help...

Royal Dutch Shell is to relocate its legal and tax headquarters to the UK, ditch its dual-class share structure, and rebrand as...

The number of companies committing to emission reductions by 2050 has risen to new records, pushed on by momentum...

Russia's Rosneft expects a new supercycle in oil and gas markets amid rapid growth in global demand for fossil fuels, the world's...

Equinor's Johan Sverdrup oil field in the North Sea returned to full production capacity around midnight on Thursday...

The Port of Rotterdam have given the green light to Global Energy Storage (GES) to...

Swiss-based trading house Gunvor is expecting "huge volatility" as part of the longer-term...

Lukoil boosted oil, gas, and refinery production in the third quarter, the Russian company announced Wednesday...

Royal Dutch Shell will aim to stop crude oil processing at the Wesseling refinery in...

Japanese trading house Marubeni has sold its upstream North Sea gas and oil business this...