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Portugal's Galp Energia reported on Friday a smaller-than-expected 62% rise in adjusted first-quarter profit as refining margins nearly tripled from a year ago, but crude production and oil prices dropped.
Wage talks between Norwegian oil firms and two labour unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year.
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SK Innovation Co Ltd , owner of South Korea's top refiner SK Energy, said on Thursday it expects a "solid" refining margin in the second quarter, backed by China's reopening and the summer driving season.
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Norway's Equinor beat first quarter profit expectations on Thursday, driven by strong results in energy trading, although earnings were well below last year's record amid a sharp fall in natural gas prices.
Kazakhstan Railways will ban transportation of oil products to the Russian Black Sea port of Taman starting from May 8, according to a document from the state-owned railway operator seen by Reuters on Thursday.