Europe Oil Company News

Eni's profits over the third quarter surpassed initial expectations, according to its Q3 report Friday, as the output remained resilient amid...

Neste has cancelled plans to build an electrolyzer to produce renewable hydrogen at its Porvoo refinery in Finland...

TotalEnergies is restarting an unspecified unit at its 220,000 bpd Donges refinery on the French Atlantic coast

US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...

Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...

Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...

A UK climate law group has complaint against the world's biggest asset manager for allegedly misleading investors with its sustainability claims..

Escalations in regional conflicts have revealed open wounds in our current global energy climate, according to the IEA...

TotalEnergies has warned investors of underwhelming downstream results this quarter, citing weak refining margins that have gripped the...

TotalEnergies is restarting units at two of its French refineries after completing scheduled maintenance...

ndia's Reliance Industries reported a 3% drop in quarterly earnings Monday, as it said unfavourable global demand-supply...

Pemex has shut units at its 312,5000 bpd Deer Park refinery in Texas after a gas leak killed two workers and injured others...

Six former Glencore employees, including the commodities giant's former head of oil, will have to wait until at least 2027...

European refiner OMV was the latest energy company to warn investors to brace for lower quarterly results as it estimated its...

Equinor has bought a 9.8% stake in Danish low-carbon energy developer Ørsted to increase its stake in renewable energy projects...

BP is set to abandon its target to slash oil and gas output by 2030 as its new CEO tries to regain investor confidence...

Shell became the latest energy major to warn investors of lower Q3 refining margins as a selloff in global product prices weighed on...

New electric vehicle (EVs) sales in the UK climbed to record heights in September, according to industry data released Friday, but remain far...

HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...

Woodside Energy has completed the purchase of OCI Global's 1.1 million mt/year blue ammonia plant in Beaumont Texas...