Europe Oil Company News

Exxonmobil's 191,000-bpd refinery at Botlek Rotterdam has been closed over the weekend for planned two-month maintenance...

Shipping giant A.P. Moller-Maersk said the current rerouting of its fleet to avoid using the Red Sea will likely last at least several more weeks...

The recent slump in global natural gas prices has started to boost industrial demand in both Europe and Asia, which could provide price support later this year, while the supply...

Taiwanese shipping company Evergreen Marine has penned a deal with the world's largest independent common container carrier...

Polish tax authorities said Monday its domestic energy company Orlen sold parts of the Lotos Group...

A Russian refinery at Volgograd was struck by two Ukrainian drones on Saturday morning, with a fire damaging the Lukoil-owned refinery in the...

US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...

Profits made by Shell's natural gas and LNG unit may face a slowdown at the start of this year after east-west arbs have closed and...

Losses at Austria's OMV beleaguered chemicals division swelled to €77 million in the fourth quarter from €36 million...

Polish refiner Orlen's Chief Executive Daniel Obajtek was dismissed from his post by the company's supervisory board...

US refiner Phillips 66 plans to cease processing crude oil at its 120,000 bpd refinery in Rodeo, California...

A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...

ExxonMobil will shut two of its five European refineries for scheduled works this Spring, removing around 320,000 bpd of combined...

The US Biden Administration dramatically announced Friday a pause on approvals for new LNG export terminals...

Around 100 offshore drillers employed by Odfjell Technology working on Equinor's Mariner platform...

Russia plans to upgrade domestic refining capacity and boost production of gasoline and diesel by a combined 25% in the next four years...

The UK government is unlikely to adjust the current cap on sustainable aviation fuel (SAF) produced from HEFA feedstocks such as used cooking oil (UCO)...

Repairs at Novatek refinery at Ust-Luga after a drone attack on Russia's Baltic Sea coast could take as long as two months, knocking out...

Bunker Holding expects that 20% of the marine fuel mix will be made up of new fuels by 2030 and biofuels will play a key role in reaching targets...

Shell will shut multiple unspecified units at its 404,000 bpd Pernis refinery at the end of January for up to three months...