Top petroleum and petrochemical brands worldwide (in no particular order)

PetroChina adheres to the philosophy of "environmental protection first, safety foremost, quality supreme, and people-oriented," pursuing the goals of "zero defects, zero injuries, and zero pollution." It actively addresses climate change through various measures, reduces greenhouse gas emissions during oil and gas production, develops and utilizes clean energy, and rationally exploits resources—striving to build a resource-efficient, environmentally friendly, and safe production enterprise, thereby promoting the company’s sustainable and healthy development. 10. Malaysia · PETRONAS Company Name: Petroliam Nasional Berhad (PETRONAS) Official Website: www.pli-petronas.com Founded: 1974 Headquarters: Kuala Lumpur, Malaysia Business Scope: Exploration and production of oil and natural gas Number of Employees: 48,001 (2019) PETRONAS is fully owned by the Malaysian government and was granted exclusive rights over Malaysia’s petroleum resources under the Petroleum Development Act passed by Parliament. This integrated company operates in over 35 countries, spanning upstream exploration and downstream refining. Its activities cover petrochemicals, natural gas, oil, automotive engineering, and real estate investment. 11. Norway · Equinor Company Name: Equinor ASA Official Website: www.equinor.com Founded: 1972 Headquarters: Stavanger, Norway Business Scope: Exploration and production of oil and natural gas Number of Employees: 21,000 Equinor is a long-established, diversified energy company with over 21,000 employees across more than 30 countries, dedicated to developing oil, natural gas, wind, and solar energy. It is Norway’s largest operator and one of the world’s leading offshore operators, as well as a key driver of growth in renewable energy. Guided by safety, equality, and sustainability, Equinor explores beyond horizons in Northern Europe to develop future energy solutions. The company was originally established in 1972 as Den Norske Stats Oljeselskap AS—Statoil (The Norwegian State Oil Company) and rebranded as Equinor in 2018. Its headquarters are located in Stavanger, Norway. On May 15, 2018, the company officially changed its name from Statoil to Equinor, aligning with its strategic vision as a broad-based energy company. Equinor engages in exploration, development, and production of oil, natural gas, wind, and solar energy. It sells crude oil and serves as a major natural gas supplier, while also conducting processing, refining, and trading activities. Equinor manages its operations across eight business areas, supported by employee and functional departments, and conducts business across North and South America, Africa, Asia, Europe, Oceania, and Norway. 12. Italy · Eni Group Company Name: Ente Nazionale Idrocarburi (ENI) Official Website: www.eni.com

European stocks post their biggest two-month decline! Oil price breaches $100 per barrel, sounding the inflation alarm; markets now pricing in four interest-rate hikes by the European Central Bank and the Bank of England

Escalating tensions between the U.S. and Iran pushed Brent crude above $100 per barrel for the first time since July—serving as the immediate catalyst for this round of market turbulence. Emilie Tetard, Strategist at Natixis CIB, stated: “$100 per barrel appears to be a critical threshold triggering market narratives.” Europe and the UK are highly dependent on imported oil and natural gas, rendering their economies especially sensitive to surging energy prices. Lauren van Biljon, Senior Portfolio Manager at Allspring Global Investments, noted: “With oil prices returning above $100 per barrel, the UK and Europe remain tightly linked to energy prices.” She added that the pass-through effect of energy prices on inflation—combined with unexpectedly resilient eurozone economic performance—has jointly driven markets to price in an “aggressive” series of rate hikes by the European Central Bank (ECB). The ECB is expected to announce a rate hike at its policy meeting this Thursday; Joachim Nagel, a member of the ECB’s Governing Council, has already explicitly signaled this move. Equity markets broadly declined, with building materials and retail sectors leading losses. This downturn affected virtually all sectors across European equity markets, with cyclical sectors—including construction & building materials and retail—registering the steepest declines. The STOXX 600 Construction & Building Materials Index fell 2.57%, the Retail Index dropped 2.56%, the Personal & Household Goods Index declined 2.39%, the Industrial Products & Services Index fell 2.34%, and the Food & Beverage Index slid 2.12%. Retail sector weakness was partly attributable to individual stock drag—fast-fashion giant Inditex SA closed down 3.6%, following its announcement of first-half results that missed analyst expectations. Among blue-chip stocks, France’s Saint-Gobain fell 3.9%, Adyen dropped 3.84%, and Germany’s Rheinmetall declined 3.75%. The largest decliners on the STOXX 600 included Auto1 Group (−6.47%), Rightmove (−5.02%), and Kering (−4.97%). Conversely, the oil & gas sector rose 0.26%, with Italy’s Eni Group gaining 1.91% and TotalEnergies up 0.59%—making them among the few blue-chip constituents posting gains. Analysts: Rate-hike bets may already be excessive

Italy's Fuel Prices Fall Slightly but Still Above Cap Set by Eni

Sep 28, 2026

Italian fuel prices dipped slightly but remained above Eni's voluntary price cap, while government excise cuts and potential windfall taxes continue to shape the market amid geopolitical tensions.

reuters

2026-09-25

Italy's Eni Caps Fuel Prices as Meloni Struggles to Tame Rising Costs

2026-09-28

Italy's Fuel Prices Fall Slightly but Still Above Cap Set by Eni

Italy's Fuel Prices Fall Slightly but Still Above Cap Set by Eni

FAQ