Europe Oil Company News

Equinor and its partners have made a gas and condensate discovery in the southern part of the Norwegian Sea, the company announced...

Abu Dhabi's Adnoc and Austria's OMV have agreed terms to merge their polyolefin businesses to create one of the largest petrochemical companies in the world

Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...

The startup of oil production at Equinor's Arctic Johan Castberg field has been delayed due to adverse weather conditions, the Norwegian...

Rhone Energies said Sunday it had completed maintenance at its 140,000 bpd Fos-sur-Mer refinery, after bad weather...

The European aviation sector will be vulnerable to global oil market uncertainty over the years ahead, according to the region's air traffic...

The chemical industry in Europe is facing extinction, Jim Ratcliffe, CEO of INEOS, said in an open letter to European politicians earlier this week, adding that decarbonising Europe by deindustrialisation was 'idiotic'...

Scania and DHL Group will test a new battery electric truck with a built-in liquid fuel-powered range extender which aims to provide a way...

The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...

BP is set to abandon its pledge to cut oil and gas output and announce at least one major divestment at its investor day Wednesday...

The UK government has announced £200 million ($253 million) in funding to secure the future of clean energy production at the...

Spain's Repsol reported a decline in fourth-quarter earnings on Thursday as lower refining margins compounded weakness in middle distillates...

Norway's total petroleum resources on the continental shelf increased slightly in 2024, though exploration yielded below-average...

Shell has suspended operations at an LPG unit in its Moerdijk chemicals processing facility after a leak was detected earlier this week...

Commodity trader Cargill and tanker owner Hafnia have joined forces to make what will be one of the world's biggest bunker suppliers...

Petroineos has temporarily closed its polyethylene unit at its 210,000 bpd Lavera refinery for scheduled maintenance, the company...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Portuguese oil company Galp expects refining margins to decline to around $6/b in 2025 as new refining capacity comes online in South...

Mexico's PMI has raised the so-called K factor used in its formulas to price all its grades sold internationally ...