oil and gas

Image for Oil edges up after US stockpiles report helps offset worries on rising supply
Finance

Oil edges up after US stockpiles report helps offset worries on rising supply

By Shariq Khan (Reuters) - Oil prices climbed in early Asian trading hours on Wednesday, bouncing of...

26th February, 2025

Image for Russia says its fuel reserves are ample
Finance

Russia says its fuel reserves are ample

MOSCOW (Reuters) - The Russian fuel market is balanced, while stockpiles of gasoline and diesel have...

25th February, 2025

Image for Iraq, BP agree to develop four Kirkuk fields
Headlines

Iraq, BP agree to develop four Kirkuk fields

DUBAI (Reuters) - Iraq and oil major BP signed a deal to redevelop four Kirkuk oil and gas fields, I...

25th February, 2025

Image for Nigeria's NNPC, Stena Bulk and Caverton launch new shipping venture
Finance

Nigeria's NNPC, Stena Bulk and Caverton launch new shipping venture

By Isaac Anyaogu LAGOS (Reuters) - Nigeria's state oil firm NNPC on Tuesday announced a joint ventur...

25th February, 2025

Image for Exclusive-Trinidad to seek US extension for Shell's gas project in Venezuela
Headlines

Exclusive-Trinidad to seek US extension for Shell's gas project in Venezuela

By Marianna Parraga and Curtis Williams HOUSTON/PORT OF SPAIN (Reuters) - Trinidad and Tobago plans...

25th February, 2025

Image for Oil prices fall 2% to two-month low on worries about US economy
Finance

Oil prices fall 2% to two-month low on worries about US economy

By Colleen Howe BEIJING (Reuters) - Oil prices rose for a second day on Tuesday as the U.S. imposed...

25th February, 2025

Image for Russia's Ryazan oil refinery halts operations after drone strike, sources say
Headlines

Russia's Ryazan oil refinery halts operations after drone strike, sources say

MOSCOW (Reuters) - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainia...

24th February, 2025

Image for Exclusive-BP to ditch renewables goals and return focus to fossil fuels
Finance

Exclusive-BP to ditch renewables goals and return focus to fossil fuels

By Arunima Kumar and Anousha Sakoui (Reuters) - BP's chief executive will scrap a target to increase...

24th February, 2025

Image for Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+
Headlines

Oil settles higher on fresh Iran sanctions, Iraq commitment to OPEC+

SINGAPORE (Reuters) - Oil prices slipped in early trade on Monday, extending losses from last week,...

24th February, 2025

Image for Saipem to merge with oil services rival Subsea7 in $4.6 billion deal
Finance

Saipem to merge with oil services rival Subsea7 in $4.6 billion deal

MILAN (Reuters) - Italian oil services company Saipem is close to a merger with Norwegian rival Subs...

23rd February, 2025

Image for Explainer-Why oil flows through the Iraq-Turkey pipeline have been halted
Headlines

Explainer-Why oil flows through the Iraq-Turkey pipeline have been halted

By Maha El Dahan, Ahmed Rasheed and Nerijus Adomaitis DUBAI (Reuters) - Flows of crude oil through a...

21st February, 2025

Image for Exclusive-U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say
Headlines

Exclusive-U.S. piles pressure on Iraq to resume Kurdish oil exports, sources say

By Maha El Dahan, Ahmed Rasheed and Jarrett Renshaw DUBAI/BAGHDAD/WASHINGTON (Reuters) - U.S. Presid...

21st February, 2025