Europe Oil Company News

Shell kicked off fourth quarter earnings season Thursday with a profit miss, as losses in renewables and chemicals combined...

The European Union continues to face challenges in its efforts to decarbonise its passenger vehicle fleet, the ACEA warned on Wednesday, calling...

A Ukrainian drone attack overnight on 29 January triggered a fire at the Kstovo industrial complex in Russia's Nizhny Novgorod region, home...

Freepoint LNG has fully restarted after a winter storm knocked out power to the liquefaction plant last week

US refiner Delek reported emissions overnight related to a malfunction at a fluid catalytic converter (FCC) at its 73,000 bpd Big Spring...

At least four independent Chinese refineries, known as 'teapots', were reported Monday to have closed crude units after...

Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...

Shell reported a small fire and a spill of up to 30 litres of crude oil at its 404,000 bpd Pernis refinery over the weekend but said it would...

Swiss testing giant SGS and France's Bureau Veritas have abandoned merger talks aimed at creating a $33 billion leader in the global...

Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...

Adnoc will not be returning to the Red Sea anytime soon, with the key shipping route still seen as a risk, according to a senior...

LyondellBasell will begin the planned permanent closure of its 264,000 bpd Houston refinery over the coming week, the company confirmed Thursday.

ANZ anticipates a challenging year ahead for global natural gas markets in 2025, projecting sustained upward pressure on prices as escalating...

The International Energy Agency (IEA) has warned that global natural gas markets will remain tight over the year ahead, with demand...

The UK's Pod Point Group warned investors on Monday to expect underwhelming results in 2024, citing weak demand for electric vehicles (EVs)...

TotalEnergies saw a $10/mt recovery in refinery margins last quarter, but warned the downstream environment remains weak...

The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...

BP has added its name to the list of refiners warning investors of underwhelming results for the fourth quarter, citing weaker refining margins...

Shell will take a $400 million hit on one of its major offshore ventures in Namibia after the project was deemed commercially unviable...

Global air cargo demand stabilised in November, offering a tentative sign of recovery in a market still grappling with weaker trade flows...