Europe Oil Company News

British Airways owner IAG is to power 10% of its flights with sustainable aviation fuel by the year 2030 the company ...

A new European energy trading platform, called Sphirra, was officially launched today and saw its first trade...

Commodity trading house Trafigura will take control of more than 90% of shares in imperiled mid- and down-stream energy ...

Apollo Global Management is one of the parties in talks to provide about £400m in funding to Essar Oil UK...

Goldman Sachs becomes the latest firm to advance peak oil demand forecasts as EVs take root.

Production set to cease at the west of Shetland oil field as output declines to around 10,000 b/d

Energy major Shell will have produced 75% of its known oil and gas reserves by 2030 and 97% by 2040, the company said ...

Spanish energy major Repsol has agreed to sell its Italian fuel business to Tamoil, which runs a number of operations in ...

Essar Oil UK, the owner of the 210,000 b/d Stanlow refinery, has been hit by the resignation of two blue-chip City law firms

Finnish refiner Neste has struck a deal to supply 300 mt of sustainable aviation fuel to Finnair at Helsinki airport in Finland...

Essar Oil UK, the owner and operator of the 210,000 b/d Stanlow refinery in the UK, issued a statement on Monday to ward off speculation that it was on the brink of financial collapse....

Trafigura is setting up a carbon trading desk, as part of its plan to gain a greater presence in the energy transition, the Geneva ...

French energy major Total has started production of sustainable aviation fuel (SAF) and will start supplying French airports ...

U.S. energy giant Exxon is looking at closing its 120,000 barrel per day Slagen oil refinery in Norway, the company said ...

Norwegian ship and terminal owner Stoldt-Nielsen will trial marine biofuel made from waste products in both engines ...

Royal Dutch Shell is expecting to report a return to profitability for its upstream business for the first quarter, the first time ...

US investment bank Goldman Sachs said a return to Iran as a large global exporter of crude oil...

Global energy trader Vitol posted 2020 revenues of $140 billion on Tuesday, down $85 billion in a year...

Oil major BP's financial performance is set to exceed target in Q1 due to a combination of asset sales, a favourable price ...

Saudi Aramco has increased Official Selling Prices (OSPs) for all Asia-bound crude oil in May, but cut differentials for a number ...