oil-and-gas
Russia's Gazprom Scraps Dividend as High Interest Rates Bite
UK Gas Producer Energean Cuts Production Outlook, Seeks Deals to Bolster Output
Oil Prices Settle Down on Potential Further Increase in Opec+ Output
Russia's Gazprom Neft Q1 Net Profit Falls 42% Y/y to $1.2 Billion
Kremlin Says Russia Will Defend Its Ships in the Baltic Sea With All Means Available
Date: May 21, 2025
MOSCOW (Reuters) -The Kremlin said on Wednesday that Russia would defend its ships using the Baltic Sea with all means available and that a failed Estonian attempt to seize a tanker there recently...
Analysis-With Output Hikes, Opec+ Again Targets US Shale Oil
Date: May 21, 2025
By Olesya Astakhova, Dmitry Zhdannikov and Alex Lawler MOSCOW/LONDON (Reuters) - Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are...
Ithaca Energy Lifts Annual Production Forecast After Cygnus Field Deal
Date: May 21, 2025
(Reuters) -North Sea oil and gas company Ithaca Energy on Wednesday raised its full-year production forecast to reflect its increased stake in the Cygnus gas field. The company now expects full-year...
Norway's Oil Drilling Unions Seek Wage Mediation to Avert Strike
Date: May 21, 2025
OSLO (Reuters) -Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could...
Oil Prices Fall on News That US-Iran Will Hold Nuclear Talks
Date: May 21, 2025
(Reuters) - Oil prices jumped more than 1% on Wednesday after reports Israel is preparing a strike on Iranian nuclear facilities, raising fears that a conflict could upset supply availability in the...
Oil Prices Little Changed on Geopolitical Uncertainty, Weak China Demand Signals
Date: May 20, 2025
By Laila Kearney (Reuters) - Oil prices edged up on Tuesday on a potential breakdown in talks between the U.S. and Iran over Tehran's nuclear program and the weakened prospects of more Iranian oil...