Europe Oil Company News

Norwegian gas production surged to a record high last year, underscoring the country's critical role in bolstering European energy security amid...

Norway's Equinor has extended the timeline for maintenance at its Hammerfest LNG plant by 10 days to 19 January, the company said...

Shell and ExxonMobil warned investors this week of underwhelming results for the fourth quarter as declining production compound weaker...

Goldman Sachs said Chinese demand for crude oil could drop further in the coming week as independent refiners in the country continue to...

The CEO of Frontline, the world's largest publicly traded oil tanker operator, has criticised the International Maritime Organization (IMO)....

Equinor's Troll field in the North Sea set a new annual production record in 2024, the company said in a statement Monday, delivering 42.5...

European natural gas prices could surge significantly higher in the months ahead, Goldman Sachs warned Thursday, citing colder-than-...

US President-elect Donald Trump has called for an overhaul of the North Sea energy industry, urging policymakers to "open up" the market...

US refiner Valero has put out a large fire that erupted at its Three Rivers refinery in Texas on New Years Day...

An incident reported at the Fos-sur-Mer refinery outside Marseille in France over the weekend has had no impact on output, the company...

Eni has switched on its €100 million HPC6 supercomputer over Christmas, marking a major investment in proprietary technology to...

The Aleksey Kosygin, Russia's first domestically built ice-class LNG carrier, has begun sea trials from the Zvezda shipyard near Vladivostok...

Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...

Nigerian officials have approved the sale of Shell's onshore assets to local company Renaissance in a deal worth up to $1.3 billion deal...

Vitol, the world's largest independent oil trader, is expanding into the circular economy with a deal to buy a majority stake in WPU, a...

US refiner HF Sinclair said it had extinguished a fire at its 125,000 bpd Tulsa plant late Monday...

Canada's Suncor is restarting its 85,000 bpd Sarnia refinery after a unit malfunction last week...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...

Austrian energy company OMV has severed its long-standing natural gas supply contract with Gazprom, citing "multiple fundamental...