oil and gas

Image for Orlen may owe $290 million as Gazprom scores partial gas price dispute win
Finance

Orlen may owe $290 million as Gazprom scores partial gas price dispute win

WARSAW (Reuters) -Polish oil and gas company Orlen could face a bill of almost $300 million after an...

2nd July, 2025

Image for Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says
Finance

Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says

LONDON (Reuters) -Commodities trader Glencore is in talks with the British government over the statu...

2nd July, 2025

Image for TotalEnergies UK gas assets to be bought by Prax remain unsold
Headlines

TotalEnergies UK gas assets to be bought by Prax remain unsold

By America Hernandez PARIS -The TotalEnergies West of Shetland offshore assets it agreed to sell to...

2nd July, 2025

Image for Russian LNG exports fell 4.4% y/y in January-June, data shows
Headlines

Russian LNG exports fell 4.4% y/y in January-June, data shows

MOSCOW (Reuters) -Russia's exports of liquefied natural gas in the first half of the year declined b...

2nd July, 2025

Image for Northeast Asia sends the most jet fuel to Europe in nearly a year in June
Headlines

Northeast Asia sends the most jet fuel to Europe in nearly a year in June

By Trixie Yap SINGAPORE (Reuters) -Traders shipped the most jet fuel from Northeast Asia to Europe i...

2nd July, 2025

Image for Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
Finance

Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog

SINGAPORE (Reuters) -Oil futures were little changed on Wednesday as investors are wary ahead of a m...

2nd July, 2025

Image for Exclusive-Iran made preparations to mine the Strait of Hormuz, US sources say
Headlines

Exclusive-Iran made preparations to mine the Strait of Hormuz, US sources say

By Gram Slattery and Phil Stewart WASHINGTON (Reuters) -The Iranian military loaded naval mines onto...

1st July, 2025

Image for Germany relaxes gas supply alert as market stabilises
Headlines

Germany relaxes gas supply alert as market stabilises

BERLIN (Reuters) -The German government has lowered the gas supply security level to early warning g...

1st July, 2025

Image for UK's Petrofac says court upholds appeal against restructuring plan
Finance

UK's Petrofac says court upholds appeal against restructuring plan

(Reuters) -Britain's Petrofac on Tuesday said a UK court upheld an appeal brought by some of the oil...

1st July, 2025

Image for Equinor, partners approve $1.3 billion Johan Sverdrup oilfield expansion
Finance

Equinor, partners approve $1.3 billion Johan Sverdrup oilfield expansion

COPENHAGEN (Reuters) -Norway's Equinor and its partners have approved a 13 billion Norwegian crown (...

1st July, 2025

Image for Oil settles up on signs of strong demand, investors await OPEC+ decision
Finance

Oil settles up on signs of strong demand, investors await OPEC+ decision

By Anjana Anil (Reuters) -Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ outp...

1st July, 2025

Image for Chevron to close Scotland office under restructuring
Finance

Chevron to close Scotland office under restructuring

(Corrects paragraph 2 to remove reference that Aberdeen is Chevron's only office in Scotland) By Sha...

30th June, 2025