Europe Oil Company News

QatarEnergy's plans to further boost its LNG export capacity will likely extend the bearish cycle in global markets for most of the...

Carbon sequestration and hydrogen technology are likely to take over from electricity as major drivers of decarbonisation in the European...

Banks and finance houses should not limit access to funds that could provide poorer nations with cheap energy that will help...

Austrian energy company OMV has signed off on the financing to build two green hydrogen units at its Romanian Petrobrazi oil...

German chemical giant BASF announced €1.1 billion ($1.2bn) in cost-cutting at its largest production site at Ludwigshafen after Europe, and specifically Germany...

The proposed merger deal between the chemical divisions of Adnoc and OMV have stalled with the two sides running into a number of disagreements...

Spanish energy company Repsol said Thursday it has delayed making final investment decisions (FIDs) on several green hydrogen projects...

Repsol confirmed its commitment to sustainable aviation fuel (SAF) amid plans to increase renewable fuel production by 70% by 2027...

Spanish energy company Repsol said Thursday that it expected refining margins...

Swiss-based mining company and commodities trader Glencore reported a steep year-on-year drop in profits during 2023...

Jet fuel refinery margins in northwest Europe have declined more than 20% in less than two weeks...

US refiner Marathon Petroleum is restarting units at its 363,000 bpd refinery in LA after a power outage...

Spain's Repsol has taken a visibreaker offline at its 220,000 bpd Bilbao refinery in the north of the country...

Indian fertiliser and petrochemical company Deepak Fertilisers has struck a 15-year-long liquefied natural gas (LNG) supply...

Hundreds of workers at Marathon Petroleum's 140,000 bpd Detroit refinery will down tools...

Refining margins for global distillates were set for the lowest level since early February...

Oman's Duqm Refinery has already reached its nameplate capacity of 230,000 bpd and could add a further 5%-10%...

The Italian government will seek commitments from Vitol on oil supplies and local jobs after the trading house...

Mexico's state-owned Pemex has had to shut units at its 190,000 bpd Madero refinery because of a gas leak...

Galp's 220,000-bpd Sines refinery is expected to run interrupted this year and will be able to fully capture refining margins...