GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

oil and gas

Latest articles

Image for Oil holds near one-week high on supply concerns, sanctions on Russia eyed
Finance

Oil holds near one-week high on supply concerns, sanctions on Russia eyed

By Arathy Somasekhar and Emily Chow (Reuters) -Oil prices edged up on Wednesday amid worries of oil...

19th February, 2025

Image for Chevron staffers absorb long-awaited layoffs as CEO pledges accountability
Finance

Chevron staffers absorb long-awaited layoffs as CEO pledges accountability

By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) - During an internal town hall meeting last wee...

19th February, 2025

Image for Oil loadings from Russia's Black Sea Novorossiisk port suspended, sources say
Headlines

Oil loadings from Russia's Black Sea Novorossiisk port suspended, sources say

MOSCOW (Reuters) - Oil loadings from Russia's Black Sea port of Novorossiisk were suspended on Tuesd...

18th February, 2025

Image for Turkey’s top refiner Tupras stops Russian crude purchases after sanctions
Headlines

Turkey’s top refiner Tupras stops Russian crude purchases after sanctions

LONDON (Reuters) - Turkey’s largest oil refiner Tupras has stopped buying Russian crude because of U...

18th February, 2025

Image for Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Headlines

Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%

By Guy Faulconbridge MOSCOW (Reuters) - A senior Russian official said on Tuesday that Ukrainian dro...

18th February, 2025

Image for Oil settles up on supply hits, traders cautious on Ukraine peace talks
Finance

Oil settles up on supply hits, traders cautious on Ukraine peace talks

By Colleen Howe BEIJING (Reuters) - Brent crude oil prices paused in early trading on Tuesday after...

18th February, 2025

Image for OPEC+ is not considering delay to April oil supply hike, Novak says
Finance

OPEC+ is not considering delay to April oil supply hike, Novak says

MOSCOW (Reuters) - OPEC+ producers are not considering delaying a series of monthly oil supply incre...

17th February, 2025

Image for Portugal's Galp sees tougher year ahead after profit drop
Finance

Portugal's Galp sees tougher year ahead after profit drop

LISBON (Reuters) - Portugal's Galp Energia reported a smaller than expected fourth-quarter adjusted...

17th February, 2025

Image for Russian government to discuss gasoline exports ban next week, sources say
Headlines

Russian government to discuss gasoline exports ban next week, sources say

MOSCOW (Reuters) - Russian Deputy Prime Minister Alexander Novak will preside over a meeting of gove...

14th February, 2025

Image for Chevron to lay off up to 20% of global workforce
Finance

Chevron to lay off up to 20% of global workforce

By Ernest Scheyder HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce, the U...

12th February, 2025

Image for UK energy firm EnQuest forecasts higher production in 2025
Finance

UK energy firm EnQuest forecasts higher production in 2025

(Reuters) - British energy group EnQuest forecast higher annual production on Wednesday, helped by i...

12th February, 2025

Image for Vaar Energi increases dividend, Q4 profit in line
Finance

Vaar Energi increases dividend, Q4 profit in line

OSLO (Reuters) -Oslo-listed Vaar Energi, majority-owned by Italy's Eni, raised its dividend on Tuesd...

11th February, 2025