Crude oil news (page 2)

All news on Crude oil (also known as Petroleum, Rock Oil, Fossil Oil, Petrochemicals, Fossil oil, Natural oil, Crude Petroleum, Mineral Oil (Crude), Unrefined petroleum, Petroleum crude oil, Rock oil, and Mineral oil (raw)): plants, production capacities, investments and involved companies.

9 July 2025
Gunvor Reduces Rotterdam Operations Amid Investment Uncertainty
Operations in Rotterdam are scaled back, ending terminal activities. Energy transition projects continue, including a SAF plant with VARO Energy. Job losses expected.
1 July 2025
Johan Sverdrup Phase 3 Expansion
Phase 3 boosts recovery by 40-50 million boe with new subsea infrastructure, AI-driven cost savings, and aims for a 75% recovery rate, enhancing energy supply to Europe.
18 June 2025
Tengizchevroil Releases 2024 Corporate Responsibility Report
The report highlights TCO's safety, environmental efforts, $201B in payments to Kazakhstan, and investments in local content and community projects.
22 November 2024
Gunvor Temporarily Halts Rotterdam Refinery Operations Amidst Challenging Market Conditions
Operations paused due to unviable feedstock and high costs. Refinery to serve as trading terminal. Energy transition projects, including SAF facility, remain unaffected.

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