Europe Oil Company News

Motiva is expected to keep its gasoline-producing FCC at the massive 640,000 bpd Port Arthur refinery...

Marathon Petroleum remains bullish on fundamentals for US refiners as industry margins slim in an increasingly "mid-cycle" environment

TotalEnergies has agreed to divest its Pakistani assets with the sale of a 50% share in fuel retailer Total Parco to Gunvor.

The UK The Serious Fraud Office has charged five former Glencore employees over allegations related to corrupt payments...

Profits at Austria's OMV group fell over the quarter as weak refinery margins and lower upstream production weighed on its recovering chemicals business...

BP's crude oil refining margins in Europe slumped to a three-year low in Q2 due to its relatively high dependency on diesel...

Vitol has paid out another bumper bonus pot to its senior staff and traders, as the world's largest oil trading company...

The two-year golden age of highly inflated oil refining margins in Europe has ended as trade flows have normalised...

Shell has signed off on the final investment decision (FID) to install a 100 MW green hydrogen electrolyser at its Shell Energy...

TotalEnergies saw a slight decline in year-one-year second quarter hydrocarbons production, but it said it remains on course for...

TotalEnergies and RWE took the final investment decision on a Dutch offshore wind project on Wednesday, with the oil...

Spain's Repsol reported strong second-quarter results Wednesday as its upstream performance made up for lower refinery margins...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...

TotalEnergies sees upstream output at the higher end of its second-quarter guidance, the company said Tuesday...

Essar Energy Transition (EET) has launched EET Hydrogen Power, a hydrogen-ready combined heat and power plant (CHP)...

Trafigura Group is exploring ways of tackling a huge employee share buyback bill after several years of massive profits...

Canada's Suncor has shut an unspecified unit at its 85,000 bpd Sarnia refinery for maintenance...

BP said Tuesday it was expecting a big hit to second-quarter earnings at its downstream business...

Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...

ExxonMobil's French subsidiary has used a court ruling to remove blockades that threatened to disrupt operations at its Gravenchon refinery...