Europe Oil Company News

Italian oil major ENI reached an agreement with Taiwanese CPC Corporation to deliver a carbon...

Russian energy major Lukoil reported second-quarter increases for both oil production and refinery throughput Monday, although gas output was down ...

Brownfield impairments will remain only a minor contributing factor to Russian oil output cuts, with the world's second...

Glencore sees oil profits return to normal, coal improve, and metal and mineral profits surge...

Energy manufacturing, logistics company and oil refiner Phillips 66 reported surging profits from its chemicals business Tuesday, turning the company around ...

ConocoPhillips sees returns from its Permian basin investment amid surge in oil prices...

BP expects its refinery margin profits to improve in the third quarter as long as Covid restrictions continue to ease, particularly in the US ...

Oil major Chevron on Friday reported a 5% rise in oil and gas production in the second quarter...

Hydrocarbon production at ENI fell 5% in Q2 versus a year earlier on a heavy maintenance...

ExxonMobil ramps up Permian basin production in second quarter as it posts a huge rise in earnings, largely on the back of the chemical business...

IAG only sees 'possibility' of running at 75% of pre-crisis levels by the fourth quarter...

Profits in Shell's upstream business jumps, but the company warns the outlook still remains uncertain...

TotalEnergies and Equinor are exiting an oil production joint venture with Venezuela's PDVSA, the latest in a succession of western companies...

Sales of products have improved after the easing of lockdowns, but oil refining margins are not expected to improve in the second half of the year, says the Austrian refining group...

Norway's Johan Sverdrup crude oil field will reach peak production of 755,000 bpd at some point after Phase 2 of the project starts in the fourth quarter of 2022...

The UK's largest air hub and 2019's seventh busiest airport in the world, London Heathrow, will see 2021 passenger numbers finish below the 2020 total ...

Eni's deals for France, Spain renewables projects mark a major step towards 2020's growth targets for its renewables business ...

Once bitten, twice shy Ryanair scales back its hedging exposure after huge derivative losses last year, sees bright 2H 2021 ...

Energy majors Shell, Equinor and RWE have joined forces for a proof of concept offshore green hydrogen project in the North Sea ...

Two former brokers from OTC Europe Matt Arrowsmith and Paul Witcomb joined Marex Spectron this week