Europe Oil Company News

Crude oil futures continued to retreat from early-week highs as supply glut fears resurface, fuelled by speculation that OPEC+ would continue...

US major ExxonMobil is seeking to offload more European downstream assets, including chemical plants in the UK and Belgium...

Fuel retailer Alimentation Couche-Tard reported mostly higher gross margins and increased fuel volume sales from acquisitions...

Shell has abandoned plans to develop a biofuels plant in Rotterdam after an internal review deemed the project to be...

Woodside Energy has played down suggestions that China's massive pipeline gas deal with Russia would displace demand for LNG...

Saudi Aramco and Iraq's state oil marketer SOMO have suspended crude sales to Nayara Energy following the European Union sanctions...

The Caspian Pipeline Consortium (CPC) has restarted loading at a unit after emergency maintenance at its Black Sea export terminal...

Rosneft reported a 68% drop in first-half net income as lower oil prices, wider discounts on Russian crude and a stronger rouble hit...

India's state-owned Oil and Natural Gas Corporation (ONGC) will continue sourcing Russian crude as long as prices remain...

Preem said it saw an improvement in refining margins in the second quarter of 2025, despite a fall in biofuel production volumes amid planned...