oil-and-gas
FinanceSanctions force Russia to dump naphtha into STS transfers and storage hubs, traders say
TotalEnergies and Petrobras snap up acreage north of Namibia's huge Mopane discovery
Oil prices climb on worries of possible Iran-US conflict
BP's Whiting refinery workers prepare for potential strike as union talks falter
BP seeking partner at one of Middle East's oldest oil fields, Bloomberg says
Date: February 5, 2026
Feb 5 (Reuters) - BP is looking for a partner to help ramp up production and share some costs at one of the oldest Iraqi oil fields, Bloomberg News reported on Thursday, citing people with knowledge...
Russian oil sellers cut prices in China to attract demand as India wavers
Date: February 5, 2026
By Siyi Liu SINGAPORE, Feb 5 (Reuters) - Discounts on Russian oil exports to China widened to new records this week as sellers cut prices to lure demand from the world's top crude importer and offset...
Russia will continue to supply oil to Cuba, RIA cites ambassador
Date: February 5, 2026
MOSCOW, Feb 5 (Reuters) - Russia has repeatedly supplied oil to Cuba in recent years, and will continue to do so, Russia's ambassador to Cuba Viktor Coronelli said in an interview with state news...
Oil settles almost 3% down on easing supply concerns ahead of US, Iran talks
Date: February 5, 2026
By Katya Golubkova TOKYO, Feb 5 (Reuters) - U.S. West Texas Intermediate crude prices fell on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, despite differences about the...
Austria's OMV tops profit view, says Borouge to be listed in Vienna in 2027
Date: February 4, 2026
By Tristan Veyet Feb 4 (Reuters) - Austrian oil, gas and chemicals group OMV beat market expectations for annual net income on Wednesday, driven by its chemicals arm, and said recently merged Borouge...
Exclusive-Russia's budget deficit may almost triple this year as oil revenues decline
Date: February 4, 2026
MOSCOW, Feb 4 (Reuters) - Russia's public deficit could balloon to almost triple the official target by end-2026 as a fall in Indian purchases of oil and growing oil trade discounts eat into revenues...