oil and gas

Image for Shell, PetroChina to expand Surat coal seam gas project in Australia
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Shell, PetroChina to expand Surat coal seam gas project in Australia

(Reuters) -Shell and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Quee...

12th August, 2024

Image for Oil holds on to last week’s gains buoyed by Mideast tensions, economic data
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Oil holds on to last week’s gains buoyed by Mideast tensions, economic data

By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early Asian trading on Monday,...

12th August, 2024

Image for Oil prices recover from multi-month lows in volatile trade
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Oil prices recover from multi-month lows in volatile trade

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% in volatile trade on Tuesday, bouncing o...

6th August, 2024

Image for Oil climbs more than $1 into positive territory
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Oil climbs more than $1 into positive territory

By Erwin Seba HOUSTON (Reuters) -Oil climbed more than $1 on Monday, returning to positive territory...

5th August, 2024

Image for Oil down $2 as investors digest weak US job data
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Oil down $2 as investors digest weak US job data

By Georgina McCartney HOUSTON (Reuters) -Oil prices slid by more than $2 on Friday, on track for a f...

2nd August, 2024

Image for Oil prices rise as US crude, fuel inventories seen shrinking
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Oil prices rise as US crude, fuel inventories seen shrinking

By Laila Kearney NEW YORK (Reuters) – Oil prices rebounded on Wednesday, snapping three straight ses...

24th July, 2024

Image for TotalEnergies Texas refinery returns to normal operation, sources say
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TotalEnergies Texas refinery returns to normal operation, sources say

HOUSTON (Reuters) – TotalEnergies’ 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery returned...

23rd July, 2024

Image for Galp’s quarterly profit up 16% and Namibia oil in focus
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Galp’s quarterly profit up 16% and Namibia oil in focus

By Sergio Goncalves LISBON (Reuters) -Portugal’s Galp Energia reported on Monday a 16% rise in secon...

22nd July, 2024

Image for Oil prices gain 2% on big US storage withdrawal, weaker US dollar
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Oil prices gain 2% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expe...

17th July, 2024

Image for Oil edges up as US inflation data raises rate cut hopes
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Oil edges up as US inflation data raises rate cut hopes

By Shariq Khan NEW YORK (Reuters) -Oil prices rose on Thursday, keeping the Brent benchmark above $8...

11th July, 2024

Image for Oil settles higher on hopeful demand outlook as US oil stocks sink
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Oil settles higher on hopeful demand outlook as US oil stocks sink

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Wednesday after a jump in U.S....

10th July, 2024

Image for BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth
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BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth

By Ron Bousso LONDON (Reuters) – BP expects oil demand to peak next year and wind and solar capacity...

10th July, 2024