oil and gas

Image for Fuel markets to stay tight till mid-2020s as refining shrinks
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Fuel markets to stay tight till mid-2020s as refining shrinks

By Ahmad Ghaddar LONDON (Reuters) – Crude oil refining capacity has shrunk by a record 3.8 million b...

13th September, 2022

Image for Oil prices amid supply concerns heading into winter
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Oil prices amid supply concerns heading into winter

By Laura Sanicola (Reuters) -Oil prices rose on Monday, shaking off weaker demand expectations as su...

12th September, 2022

Image for EU plans to make fossil fuel firms share excess profits, draft shows
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EU plans to make fossil fuel firms share excess profits, draft shows

By Kate Abnett and Foo Yun Chee BRUSSELS (Reuters) -The European Commission wants to force fossil fu...

12th September, 2022

Image for Explainer-The G7’s price cap on Russian oil begins to take shape
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Explainer-The G7’s price cap on Russian oil begins to take shape

By Timothy Gardner WASHINGTON (Reuters) -The Group of Seven countries is working to cap the price of...

12th September, 2022

Image for Oil settles below $90 as recession fears mount
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Oil settles below $90 as recession fears mount

By Laura Sanicola (Reuters) -Oil prices settled sharply lower on Wednesday, slumping below levels se...

8th September, 2022

Image for Chevron considering rail transport for Kazakhstan oil, CEO says
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Chevron considering rail transport for Kazakhstan oil, CEO says

(Reuters) – Chevron Corp. is working with the Kazakhstan government to assure oil flows from the lan...

8th September, 2022

Image for Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources
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Exclusive-Repsol agrees to sell Alberta oil assets to CPPIB backed-Teine Energy -sources

By Shariq Khan (Reuters) – Repsol SA has agreed to sell about 95,000 net acres (38,000 hectares) of...

7th September, 2022

Image for Norway on track for record gas export, will be ready for winter -Gassco CEO
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Norway on track for record gas export, will be ready for winter -Gassco CEO

By Nora Buli STAVANGER, Norway (Reuters) – Norway’s gas export system is set to deliver record volum...

5th September, 2022

Image for G7 finance chiefs agree on Russian oil price cap but level not yet set
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G7 finance chiefs agree on Russian oil price cap but level not yet set

By David Lawder and Christian Kraemer (Reuters) -Group of Seven finance ministers agreed on Friday t...

2nd September, 2022

Image for Hackers hit Italian oil company Eni’s computer networks
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Hackers hit Italian oil company Eni’s computer networks

(Reuters) -Italian oil company Eni’s computer networks were hacked in recent days but the consequenc...

1st September, 2022

Image for Russia’s Gazprom expects increase in 2022 revenue
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Russia’s Gazprom expects increase in 2022 revenue

MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022...

31st August, 2022

Image for Iran deal a wild card for oil market strained by supply risks – Reuters poll
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Iran deal a wild card for oil market strained by supply risks – Reuters poll

By Swati Verma (Reuters) – A looming EU embargo on Russian oil is expected to exacerbate supply tigh...

31st August, 2022