oil and gas

Image for Fire put out at oil refinery in Russia's Volgograd region after Ukrainian drone attack, governor says
Headlines

Fire put out at oil refinery in Russia's Volgograd region after Ukrainian drone attack, governor says

MOSCOW (Reuters) - An oil refinery in Russia's southern Volgograd region caught fire after an overni...

31st January, 2025

Image for Russia's oil output down 2.8%, gas production up 7.6% in 2024, deputy PM says
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Russia's oil output down 2.8%, gas production up 7.6% in 2024, deputy PM says

MOSCOW (Reuters) - Russia's oil and gas condensate production reached 516 million metric tons (10.32...

30th January, 2025

Image for Shell sees 2024 oil and gas reserve replacement ratio at 85%
Finance

Shell sees 2024 oil and gas reserve replacement ratio at 85%

(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for l...

30th January, 2025

Image for UK must reconsider Shell and Equinor's North Sea gas, oil projects, court rules
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UK must reconsider Shell and Equinor's North Sea gas, oil projects, court rules

LONDON (Reuters) - Britain's approvals for two vast North Sea oil and gas fields were overturned by...

30th January, 2025

Image for Shell dividend hike drives shares higher despite profit miss
Finance

Shell dividend hike drives shares higher despite profit miss

(Reuters) - Shell reported a smaller fourth-quarter profit on Thursday, as the oil major took a hit...

30th January, 2025

Image for US tariff threat limits oil prices
Headlines

US tariff threat limits oil prices

(Reuters) - Oil prices were little changed in early trading on Thursday, as markets watched for tari...

30th January, 2025

Image for IEA comes under pressure from former oil market chief to cut energy transition focus
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IEA comes under pressure from former oil market chief to cut energy transition focus

By Valerie Volcovici WASHINGTON (Reuters) - The International Energy Agency needs to revamp how it w...

29th January, 2025

Image for Ukraine drones hit Russian oil pumping station, missile storage site, Kyiv source says
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Ukraine drones hit Russian oil pumping station, missile storage site, Kyiv source says

KYIV (Reuters) - An overnight Ukrainian drone attack hit Russia's Andreapol oil pumping station, par...

29th January, 2025

Image for Russia's Feb oil exports from western ports seen down 8% m/m as sanctions bite
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Russia's Feb oil exports from western ports seen down 8% m/m as sanctions bite

MOSCOW (Reuters) - Russia's crude oil exports from its western ports in February are set to fall by...

29th January, 2025

Image for UK competition regulator launches inquiry into $8 billion SLB-ChampionX deal
Finance

UK competition regulator launches inquiry into $8 billion SLB-ChampionX deal

(Reuters) -Britain's competition regulator said on Wednesday it has launched an inquiry into oilfiel...

29th January, 2025

Image for Ukraine has to start urgent gas imports, says ex-head of transit operator
Headlines

Ukraine has to start urgent gas imports, says ex-head of transit operator

KYIV (Reuters) - The volume of gas in Ukraine's storage facilities has fallen to near the critical 1...

29th January, 2025

Image for Oil prices settle down as US stockpile grows, tariffs still in focus
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Oil prices settle down as US stockpile grows, tariffs still in focus

By Yuka Obayashi TOKYO (Reuters) - Oil prices steadied on Wednesday as investors weighed the impact...

29th January, 2025