Europe Oil Company News

US majors ExxonMobil and Chevron announced new spending plans this week, flush with cash from record earnings...

Russia's Lukoil announced a strategic review of its Bulgarian business on Tuesday, including the possible...

A monthly boost in Spanish diesel demand in November partly offset a seasonal decline in gasoline demand to limit the...

The Caspian Pipeline Consortium (CPC) resumed loadings at the Black Sea terminal of Novorossiysk on Thursday...

Operations are being restored at Imperial Oil's 120,000 bpd Sarnia refinery after a power outage...

Brazil's Petrobras has terminated the sale of its LUBNOR refinery in northeastern Brazil, after the state-run company

Environmental group Greenpeace has called for oil production cuts from Chinese energy companies to curb emissions as its new research accused...

Brazil's Petrobras announced a new $102 billion five-year investment plan on Friday, up nearly a third from its previous target...

Bunker demand took a hit through the third quarter as a slowdown in global trade flows weighed on the market even as prices fell...

India's shipping industry is waiting on further direction from the foreign ministry on the handling of Russian tankers in breach of US and G7 sanctions...

Marathon and Lyondell were both seen restarting units this week at their respective Texas refineries, with Motiva...

ExxonMobil is expected to bring forward maintenance at two of the largest refineries in the US next year..

Demand for oil in transport would need fall more than two-thirds by 2050 from 2021 levels to keep global warming close to UN-agreed goals...

Oil major Shell is suing environmental lobby group Greenpeace for at least $2.1 million (£1.7m) in damages in response to...

Canada's Suncor expects refinery runs to dip in the fourth quarter on maintenance at its two largest refineries...

The UK has sanctioned 29 companies and individuals linked to Russia, including the Dubai-based oil trader Paramount Energy...

Nordic shipping company Wallenius Wilhelmsen has conducted its first marine biofuel trial in South Korea...

BP announced it has started oil and gas production from the Seagull field in the UK sector of the North Sea...

Container shipping giant Maersk is to cut as many as 10,000 jobs as part of a shakeup of the company's business after disappointing Q3...

A strong trading result of Shell's liquefied natural gas (LNG) business limited the company's 34% annual drop in Q3 earnings...