Europe Oil Company News

The commodity trading arm of US industrial major Koch Industries said it is divesting from oil trading as the conglomerate looks to streamline its...

Neste's downstream oil segment posted a sharp decline in profits over the first quarter as a normalisation in refining margins eroded robust...

Scotland's only oil refinery at Grangemouth has ceased crude oil processing operations, operator Petroineos confirmed in a statement on Tuesday...

Spain's oil companies were starting up refineries Tuesday with power supply restored after an unprecedented blackout...

Australia's Woodside Energy has approved the made a final investment decision to develop the three-train, 16.5 Mtpa Louisiana LNG...

Vitol has launched a new co-processed very low sulfur fuel oil offering to its customers amid growing demand for low-carbon fuels driven by EU reulations...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Eni posted a first-quarter loss in its refining division as an unplanned FCC outage and lower utilisation weighed on performance...

Ryanair has significantly expanded its fuel hedging program, the airline's Chief Executive said in an interview on Tuesday, securing lower jet...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

Activist investor Elliott Management has disclosed a stake of just over 5% in BP and is calling for deeper spending cuts and asset sales...

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...

Australia's Woodside Energy has signed a more than decade-long deal with Uniper to supply the German energy company with 2 million mt...

An outage at OMV's Schwechat refinery halted petrochemicals feedstock production on Tuesday, with flaring reported as the company...

TotalEnergies reported a temporary malfunction at its petrochemical site in Northern France on Tuesday...

Galp warned investors on Monday to anticipate weaker-than-expected results over the first quarter, with thinning refining margins...

Petroineos is restarting a unit at its 210,000 bpd Lavera refinery, the company announced on Monday...

Enterprise Products will return its Midland-to-ECHO 2 (M2E-2) pipeline back to crude service this...

TotalEnergies will be restarting another unit at its 240,000 bpd Gonfreville refinery in Northern France on Wednesday, marking the second...