oil and gas

Image for Gunvor CEO Tornqvist: Lukoil assets won't be sold back, Bloomberg News reports
Headlines

Gunvor CEO Tornqvist: Lukoil assets won't be sold back, Bloomberg News reports

(Reuters) -Commodities trader Gunvor Group is prepared to satisfy any concerns about continued Russi...

4th November, 2025

Image for BP profit beats expectations, but no news on Castrol sale
Finance

BP profit beats expectations, but no news on Castrol sale

By Shadia Nasralla and Stephanie Kelly LONDON (Reuters) -Oil major BP reported a smaller than expect...

4th November, 2025

Image for Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects, Interfax reports
Headlines

Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects, Interfax reports

(Reuters) -Kazakhstan's Kazmunaygaz and the sanctioned Russian Lukoil continue work on joint project...

4th November, 2025

Image for Oil settles lower on stronger dollar, fears of oversupply
Headlines

Oil settles lower on stronger dollar, fears of oversupply

(Reuters) -Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pa...

4th November, 2025

Image for Russian push for OPEC+ action pause met no Saudi resistance, sources say
Headlines

Russian push for OPEC+ action pause met no Saudi resistance, sources say

By Dmitry Zhdannikov, Alex Lawler and Ahmad Ghaddar LONDON (Reuters) -The decision by OPEC and its a...

3rd November, 2025

Image for Eni, Petronas merge Indonesia, Malaysia assets in joint venture
Finance

Eni, Petronas merge Indonesia, Malaysia assets in joint venture

DUBAI (Reuters) -Italy's Eni and Malaysia's state energy firm Petronas said on Monday they had signe...

3rd November, 2025

Image for BP to sell stakes in US onshore pipeline assets for $1.5 billion
Finance

BP to sell stakes in US onshore pipeline assets for $1.5 billion

(Reuters) -BP said on Monday it would sell stakes in the Permian and Eagle Ford midstream assets of...

3rd November, 2025

Image for Oil prices steady despite OPEC+ plans to pause output increases
Finance

Oil prices steady despite OPEC+ plans to pause output increases

By Florence Tan SINGAPORE (Reuters) -Oil prices climbed in early Asian trade on Monday after OPEC+ d...

3rd November, 2025

Image for OPEC+ agrees to small December oil output hike, and Q1 pause
Headlines

OPEC+ agrees to small December oil output hike, and Q1 pause

LONDON (Reuters) -Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000...

2nd November, 2025

Image for Turkey buys more non-Russian oil after latest Western sanctions, sources say
Headlines

Turkey buys more non-Russian oil after latest Western sanctions, sources say

By Robert Harvey, Ahmad Ghaddar and Enes Tunagur LONDON/MOSCOW (Reuters) -Turkey's largest oil refin...

2nd November, 2025

Image for OPEC+ pauses oil output hikes beyond December amid glut fears
Headlines

OPEC+ pauses oil output hikes beyond December amid glut fears

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ is set to agree on...

2nd November, 2025

Image for Ukrainian drone strike hits key Russian oil port, at least one vessel hit
Headlines

Ukrainian drone strike hits key Russian oil port, at least one vessel hit

(Reuters) -The Black Sea port facilities of Tuapse, home to a major Russian oil terminal, were damag...

2nd November, 2025