oil and gas

Image for OPEC+ oil producers stick to their guns with another big hike for July
Finance

OPEC+ oil producers stick to their guns with another big hike for July

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ meets on Saturday...

31st May, 2025

Image for Russia's Transneft says Q1 net profit down 15% to $1 billion
Finance

Russia's Transneft says Q1 net profit down 15% to $1 billion

MOSCOW (Reuters) - First-quarter net profit of Russia's oil pipeline monopoly Transneft declined by...

30th May, 2025

Image for Gunvor, SOCAR neck and neck to buy refiner Italiana Petroli, sources say
Finance

Gunvor, SOCAR neck and neck to buy refiner Italiana Petroli, sources say

By Francesca Landini and Valentina Za MILAN (Reuters) - Global commodity trader Gunvor and State Oil...

30th May, 2025

Image for Oil price outlook weakens on OPEC+ hikes, lingering trade concerns: Reuters poll
Headlines

Oil price outlook weakens on OPEC+ hikes, lingering trade concerns: Reuters poll

By Sarah Qureshi and Kavya Balaraman (Reuters) - Analysts have revised down their oil price forecast...

30th May, 2025

Image for BP names US oil and gas veteran Dave Hager as non-executive director
Finance

BP names US oil and gas veteran Dave Hager as non-executive director

(Reuters) -BP on Friday said it has appointed U.S. oil and gas industry veteran David Hager as a non...

30th May, 2025

Image for Oil finishes down on possible OPEC+ output hike
Finance

Oil finishes down on possible OPEC+ output hike

By Colleen Howe BEIJING (Reuters) - Oil prices were on track to end the week down more than 1% on Fr...

30th May, 2025

Image for TotalEnergies sells Nigeria oilfield stake to Shell for $510 million
Finance

TotalEnergies sells Nigeria oilfield stake to Shell for $510 million

(Reuters) -French oil major TotalEnergies said on Thursday it agreed to sell its 12.5% stake in the...

29th May, 2025

Image for Oil prices fall as investors assess US court ruling on Trump tariffs
Finance

Oil prices fall as investors assess US court ruling on Trump tariffs

By Katya Golubkova TOKYO (Reuters) - Oil prices rose on Thursday after a U.S. court blocked Presiden...

29th May, 2025

Image for Slovak refiner will continue supplies to Czech Republic after sanctions waiver ends
Headlines

Slovak refiner will continue supplies to Czech Republic after sanctions waiver ends

By Jan Lopatka (Reuters) -Slovak refinery Slovnaft has secured alternative crude supplies to maintai...

28th May, 2025

Image for Russian finance minister returns to idea of adjusting oil price budget rule
Headlines

Russian finance minister returns to idea of adjusting oil price budget rule

By Darya Korsunskaya and Alexander Marrow (Reuters) -Finance Minister Anton Siluanov said on Wednesd...

28th May, 2025

Image for Russian central bank warns of oil price risks as it defends high rates
Finance

Russian central bank warns of oil price risks as it defends high rates

MOSCOW (Reuters) -Russia's central bank defended its tight monetary policy in a report on Wednesday,...

28th May, 2025

Image for OPEC+ adopts plan for 2027 baselines ahead of July output hike talks
Finance

OPEC+ adopts plan for 2027 baselines ahead of July output hike talks

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ may discuss issues...

28th May, 2025