Europe Oil Company News

Global electric vehicle sales have gone up sharply in August and likely even further in September...

The global shortfall in passenger aviation activity linked to the Covid-19 pandemic is now less than 30%...

Energy major Shell estimated the impact of Hurrican Ida on its Q3 upstream output at 90,000 barrels of oil equivalent per day...

Energy major Shell's LNG portfolio will be active well into the second half of the century, said CEO Ben van Beurden...

TotalEnergies' CEO Patrick Pouyanne has warned energy prices would "rocket to the roof" by 2030 if the industry stops investing in...

Saudi Aramco has reduced Official Selling Prices (OSPs) for November-loading crude oil for Asia customers while also trimming OSPs for the US and Europe...

Spanish energy major Repsol has increased carbon reduction targets and ramped up investment plans for renewables...

The push to decarbonise the world's energy systems will see a greater role for oil exploration and...

Greenpeace activists blockaded energy major Shell's Rotterdam refinery Monday as part of a campaign to end fossil fuel advertising...

Fuel retail and downstream trading arm Puma Energy was consolidated into Swiss...

Gunvor's profits during the first half of 2021 fell 28% from last year's record high as the crude oi...

Using carbon offsets to mitigate the climate impact of producing and selling fossil fuels is not enough and the industry must...

Essar Oil UK, the owner of the troubled Stanlow refinery, has avoided collapse after striking a deal with tax authorities to...

The global clean methanol market needs to grow 12-fold by 2025 in order to accommodate Maersk's new-build ships that will run on the fuel...

Russia's Exxon Neftegas Limited (ENL) will invest $5 billion over the next five years to stabilize...

French energy major TotalEnergies predicted peak oil before the year 2030 in its latest demand forecasts, with consumption dropping...

Goldman Sachs expect Brent crude futures to reach $90/b by year end, an increase of $10/b from it's long-held $80/b...

Finnish biofuels producer and refiner Neste has forecasted global demand for sustainable aviation fuel (SAF) at 12 million mt by 2030...

London-based price reporting agency Argus is winning the race to become the benchmark provider for E10 specification gasoline...

The scramble to secure LNG supplies ahead of the winter demand crunch ratcheted up a notch Wednesday on reports that Chinese trading giant...