Varo Energy, owned by the world’s biggest independent oil trader, Vitol, and the Carlyle Group, has reached a deal to buy Swedish refiner Preem, an early mover in renewable fuel production.

Italy's Eni is set to award a key floating production, storage and offloading vessel contract for its high-profile Baleine oil and gas project offshore Ivory Coast. Baleine remains a flagship ...

Eni SpA is discussing a potential valuation of as much as €13 billion ($14 billion) including debt for its Plenitude renewables arm as it gathers bids for a stake in the business, people ...

J.P. Morgan analyst Matthew Lofting maintained a Buy rating on ENI S.p.A. (0N9S – Research Report) today and set a price target of €18.00. The company’s shares closed yesterday at €14.26.

Oil markets, like every other global market, are on edge ahead of what President Trump has called 'Liberation Day'.

Vitol Group, the world's largest independent oil trader, has submitted an application to acquire PDV Holdings Inc., the parent company of Citgo Petroleum Corp., which is a key foreign asset Venezuela.

According to our information, late last year the Swiss trader Vitol was forced to give up its CI-202, CI-523 and CI-525 offshore blocks, the licences for their exploration having expired. The first ...

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Xinhua reported Monday that the China National Offshore Oil Corporation has discovered an oilfield with reserves of more than 100 million tonnes in the South China Sea. Huizhou's 19-6 oilfield, ...

…Absa Bank’s She Business to close gender financing gap In a move to address the gender financing gap, Absa Bank Ghana LTD has launched She... By Deborah Asantewaah SARFO Artificial intelligence (AI) ...

Shelf Drilling announced that it has received a notice of contract termination for the Shelf Drilling Winner from the customer, TotalEnergies EP Denmark A/S.... Stolt-Nielsen Limited announced that it ...