oil and gas

Image for European oil giants step back from renewables path
Investing

European oil giants step back from renewables path

By Ron Bousso LONDON (Reuters) – Almost five years ago, BP embarked on an ambitious attempt to trans...

18th November, 2024

Image for European oil giants step back from renewables path
Top Stories

European oil giants step back from renewables path

By Ron Bousso LONDON (Reuters) – Almost five years ago, BP embarked on an ambitious attempt to trans...

18th November, 2024

Image for Oil nudges up after Russia-Ukraine tensions escalate
Investing

Oil nudges up after Russia-Ukraine tensions escalate

By Florence Tan SINGAPORE (Reuters) -Oil prices edged up on Monday after fighting between Russia and...

18th November, 2024

Image for Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Investing

Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled down more than 2% on Friday as investors...

16th November, 2024

Image for Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist
Trading

Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist

(This Nov 13 story has been corrected to add ‘current trajectory scenario’ context in paragraph 1) H...

16th November, 2024

Image for Russia’s Sovcomflot blames earnings drop on Western sanctions
Investing

Russia’s Sovcomflot blames earnings drop on Western sanctions

(Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russia...

16th November, 2024

Image for TotalEnergies’ Suriname project kicks off with $3 billion in contract awards
Business

TotalEnergies’ Suriname project kicks off with $3 billion in contract awards

By America Hernandez PARIS/MILAN (Reuters) -French oil major TotalEnergies has awarded engineering c...

16th November, 2024

Image for Oil prices set for weekly loss on China demand fears
Trading

Oil prices set for weekly loss on China demand fears

By Robert Harvey and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, and were heading for...

15th November, 2024

Image for Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Investing

Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inv...

14th November, 2024

Image for Inflation pushes Norway’s oil, gas sector to record investments
Finance

Inflation pushes Norway’s oil, gas sector to record investments

OSLO (Reuters) -Investment in Norwegian oil and gas projects will rise to a record this year and may...

14th November, 2024

Image for Oil prices broadly flat after falling on dollar surge
Investing

Oil prices broadly flat after falling on dollar surge

LONDON (Reuters) -Oil prices were largely steady on Thursday, with traders holding fire after declin...

14th November, 2024

Image for Oil slips towards 2-week low on gloomy demand outlook
Investing

Oil slips towards 2-week low on gloomy demand outlook

By Arunima Kumar (Reuters) -Oil prices slipped on Wednesday, trading near their lowest in two weeks,...

13th November, 2024