Europe Oil Company News

20 Nov 2024
Russia's Lukoil dismissed reports Wednesday that its Nizhny Novgorod refinery was offline for repairs...
20 Nov 2024
Rhone Energies has started shutting down units at its newly acquired Fos-sur-Mer refinery on the French Mediterranean coast...
20 Nov 2024
BP has been forced to delay the restart of its 435,000 bpd Whiting refinery in Indiana until the end of November
19 Nov 2024
Wallenius Wilhelmsen is launching a new freight rate pricing system from January aimed at preparing for the proliferation of alternative...
19 Nov 2024
Authorities in Switzerland have published court documents ahead of the upcoming bribery charges levelled against Trafigura...
19 Nov 2024
Norway's Equinor resumed production at its Sverdrup oilfield overnight after an onshore power outage forced operations to be halted Monday...
18 Nov 2024
Norway's Equinor has halted production at its Sverdrup oilfield, one of the largest in the North Sea, due to an onshore power outage...
15 Nov 2024
The diesel forward curve in Europe returned to backwardation this week as strengthening demand prospects tightened market outlooks...
15 Nov 2024
Spain's Moeve reported a third-quarter loss Friday, its second this year, as weak refinery margins and a drop in domestic sales...
15 Nov 2024
European air travel steeply declined last week as demand retreated further from summer's seasonal highs, but was still sharply higher on the year...
14 Nov 2024
Poland's Orlen reported a near wipe-out in third quarter earnings Thursday, as it blamed bad investment decisions taken by prior....
14 Nov 2024
The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...
13 Nov 2024
S&P Global trimmed its forecasts for the BEV market share in the EU in 2025, signalling a major barrier to meeting mandates as challenges...
13 Nov 2024
Rhine barge rates climbed to two-month highs Wednesday as barge restrictions remain in place after water levels sunk to fresh lows for...
12 Nov 2024
Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, driven by slowing production....
12 Nov 2024
OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...
12 Nov 2024
Russia's Litasco has denied it is in talks to sell its Bulgarian refinery to a British-Qatari consortium, first reported last week...
12 Nov 2024
An appeals court in the Netherlands has overturned a 2021 ruling that compelled...
11 Nov 2024
otalEnergies said Monday it was restarting units at its 240,000 bpd Gonfreville refinery in Northern France after carrying out maintenance...
8 Nov 2024
International Airlines Group (IAG) delivered a strong performance over the third quarter, financial results showed Friday, as robust summer...
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