Tasnee expects the financial impact of the delay to be reflected in its Q1 and Q2 2026 results but noted it is not yet able to fully assess the effect on its consolidated financial statements. The ...

The pipeline from Croatia is an alternative oil route to Slovakia and Hungary, and its importance has grown with the Druzhba pipeline - which carries Russian crude and runs through Ukraine - out of ...

Angola has been seeking partners to help finance the delayed refinery — the country's largest and aimed at cutting its reliance on imported fuel — with financing shortfalls and potential partnerships ...

Europe’s oil and gas industry has shrunk dramatically over the past 25 years: North Sea production has dwindled and more than 30 refineries - 16% of refining capacity - have been shuttered across the ...

Japan began to partially release oil stockpiles from March 16 and has also rolled out subsidies to compensate for rising product prices which spiked to all-time highs in mid-March following the ...

Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks.

Vivo Energy, which markets Shell - except in South Africa - and Engen brands, is a leading African fuel retailer with more than 4,000 service stations across the continent. The company is currently ...

bp will reorganize into two main business units - upstream and downstream - under new CEO Meg O'Neill, who took the helm on April 1 to become the oil major's fifth chief since 2020.

Brazilian state-run oil firm Petrobras  ​is in initial direct negotiations with Abu Dhabi's ‌Mubadala sovereign wealth fund to repurchase the Mataripe refinery in Brazil, two sources with knowledge of ...

Honeywell announced that Petrobras has selected Honeywell UOP’s Ethanol-to-Jet (ETJ) process technology for project ...

Technip Energies has been awarded two Front-End Engineering Design (FEED) contracts by Société Gabonaise de Raffinage (SOGARA) for its refinery in Port-Gentil, Gabon. The FEED scope covers both the ...