oil and gas

Image for Oil falls on fears of global recession, China COVID flare-up
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Oil falls on fears of global recession, China COVID flare-up

By Laura Sanicola (Reuters) – Oil prices fell about 2% on Tuesday, extending the previous session’s...

11th October, 2022

Image for Oil falls more than 2% on recession and China COVID fears
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Oil falls more than 2% on recession and China COVID fears

By Alex Lawler LONDON (Reuters) – Oil slid more than 2% on Tuesday, extending losses of nearly 2% in...

11th October, 2022

Image for OMV: Q3 retail and commercial margins increased q/q
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OMV: Q3 retail and commercial margins increased q/q

BERLIN (Reuters) -Austrian oil and gas group OMV said on Monday its retail and commercial margins in...

10th October, 2022

Image for BP looks to North Sea, U.S. shale for near-term oil and gas boost
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BP looks to North Sea, U.S. shale for near-term oil and gas boost

By Ron Bousso LONDON (Reuters) – BP is targeting the North Sea and U.S. shale basins to boost oil an...

7th October, 2022

Image for UK will not urge public to cut energy use, minister says
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UK will not urge public to cut energy use, minister says

By Muvija M LONDON (Reuters) -Britain is not asking people to use less energy, climate minister Grah...

7th October, 2022

Image for EU sees more work ahead to implement Russian oil price cap
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EU sees more work ahead to implement Russian oil price cap

By Gabriela Baczynska BRUSSELS (Reuters) -The European Union on Thursday gave a final approval to it...

7th October, 2022

Image for Algeria and Spain agree revised 2022 gas prices
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Algeria and Spain agree revised 2022 gas prices

ALGIERS (Reuters) – Algeria’s Sonatrach and Spanish power group Naturgy have revised gas prices for...

6th October, 2022

Image for Norway expects to earn record $131 billion from oil and gas in 2023
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Norway expects to earn record $131 billion from oil and gas in 2023

By Terje Solsvik and Nerijus Adomaitis OSLO (Reuters) – The Norwegian government expects record inco...

6th October, 2022

Image for Norway’s oil production seen rising by 15% in 2023
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Norway’s oil production seen rising by 15% in 2023

OSLO (Reuters) -Norway’s production of oil liquids is expected to rise by 15% in 2023 as the Johan S...

6th October, 2022

Image for Weaker refining, gas trading to hit Shell’s Q3 results
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Weaker refining, gas trading to hit Shell’s Q3 results

By Ron Bousso LONDON (Reuters) – Shell said on Thursday its third-quarter profit would be pressured...

6th October, 2022

Image for Morgan Stanley sees tighter oil market ahead, ups Q1 forecasts
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Morgan Stanley sees tighter oil market ahead, ups Q1 forecasts

(Reuters) – Morgan Stanley raised its oil price forecast for the first quarter of 2023, and predicte...

6th October, 2022

Image for OPEC+ oil output cut ahead of winter fans inflation concerns
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OPEC+ oil output cut ahead of winter fans inflation concerns

By Florence Tan and Joyce Lee SINGAPORE (Reuters) -Global oil supply is set to tighten, intensifying...

6th October, 2022