Europe Oil Company News

Energy major Royal Dutch Shell wants sustainable aviation fuel (SAF) to make up 10% of its global jet sales by 2030, including 2 million mt of its own production from 2025...

Norway's Yara, one of the world's largest ammonia producers, will cut European production capacity by 40%...

Abu Dhabi National Oil Company, BP and Abu Dhabi-based renewable developer Masdar have signed three agreements that could lead to billions of dollars of investment...

Russian majors Lukoil and Gazprom Neft have agreed to jointly develop the Nadym-Pur-Tazovsky oil and gas field within the...

Energy major Royal Dutch Shell will build an 820,000 mt per year renewable diesel and sustainable aviation fuel facility in Rotterdam...

Crude oil exports have restarted at the eastern ports of Es Sider and Ras Lanuf in Libya on...

Iraq's SOMO has sharply cut its OSPs for all regions in October, according to a document sent to customers Wednesday, including steep reductions for the US...

The former Glencore trader who last month pleaded guilty to bribing Nigerian officials is currently helping the US Justice Department with investigations into...

A wave of protests against the head of the Libyan National Oil Corporation at key ports and oilfields...

Hyundai Motor Group is aiming to introduce hydrogen fuel cells in all its commercial vehicles by....

Consumers are satisfied with current oil prices and suppliers are likely to look to maintain them, with a rise back above the...

The International Chamber of Shipping (ICS) has called for a global levy on the maritime industry's carbon emissions rather than a piecemeal approach...

Gasoline lost mometum mid-week and then recovered Friday after the impact of Hurricane Ida left the US short of gasoline...

One of the Netherlands' largest pension funds PME said it has completed its exit from fossil...

Saudi Arabia intends to build a trading platform for carbon credits and offsets within the Middle East and North Africa...

Israel's Delek Drilling has finalized the deal to sell its 22% stake in the offshore Tamar field in the Eastern Mediterranean to the UAE's Mubadala Petroleum for...

The UK Government was accused in a Scottish Court on Wednesday on failing its duty...

Russian national carrier Aeroflot is to join a growing list of aviation companies looking to offset carbon emissions by using...

Algeria's state-owned oil company Sonatrach has reduced its crude oil Official Selling Price (OSP) for September-loading...

Russia's Tatneft became the latest oil and gas company to post a set of soaring profits for the second quarter of the year...