oil-and-gas

Image for Oil rises nearly 3% as US sends armada to Iran, slaps new sanctionsFinance

Oil Rises Nearly 3% as US Sends Armada to Iran, Slaps New Sanctions

Image for Shell considers exit from Argentina's Vaca Muerta shale play, sources sayFinance

Shell Considers Exit From Argentina's Vaca Muerta Shale Play, Sources Say

Image for US energy secretary calls for doubling global oil output in DavosFinance

US Energy Secretary Calls for Doubling Global Oil Output in Davos

Image for Oil slides 2% as Trump tones down threats toward Greenland and IranFinance

Oil Slides 2% as Trump Tones Down Threats Toward Greenland and Iran

Image for Refining is 'critical infrastructure' for Europe, VaroPreem CEO says at Davos

Refining Is 'critical Infrastructure' for Europe, VaroPreem CEO Says at Davos

Date: January 21, 2026

By Dmitry Zhdannikov DAVOS, Switzerland Jan 21 (Reuters) - Europe must view oil refining infrastructure as critical, VaroPreem chief executive Dev Sanyal said on Wednesday, as he prepares for more...

Image for Indian refiners shift oil strategy; trim Russian buys and turn to MidEast

Indian Refiners Shift Oil Strategy; Trim Russian Buys and Turn to MidEast

Date: January 21, 2026

By Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, Jan 21 (Reuters) - Indian refiners are redrawing crude import strategies to shift away from top supplier Russia and boost imports from the Middle East,...

Image for Russia says fire put out at Afipsky oil refinery after Ukrainian drone attack

Russia Says Fire Put Out at Afipsky Oil Refinery After Ukrainian Drone Attack

Date: January 21, 2026

MOSCOW, Jan 21 (Reuters) - Ukrainian drone fragments ignited a fire at the Afipsky oil refinery in Russia's southern Krasnodar region, but nobody was hurt, there was no damage, and the fire is now out...

Image for Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports

Oil Prices Settle Higher on Force Majeure at Kazakh Field, Slow Venezuela Exports

Date: January 21, 2026

TOKYO, Jan 21 (Reuters) - West Texas Intermediate crude oil prices fell on Wednesday as pressure from geopolitical tensions and an expected build up in U.S. crude inventories outweighed a temporary...

Image for Deal to sell stake in Serbia's NIS to Hungary's MOL would benefit Russia, Lavrov says

Deal to Sell Stake in Serbia's Nis to Hungary's Mol Would Benefit Russia, Lavrov Says

Date: January 20, 2026

MOSCOW, Jan 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that a deal for Hungary's MOL to acquire a stake in Serbian oil refiner NIS would be beneficial for Russia. Russia's...

Image for Total expects steady Q4 as strong refining margins offset weak oil, LNG prices

Total Expects Steady Q4 as Strong Refining Margins Offset Weak Oil, Lng Prices

Date: January 20, 2026

Jan 20 - French oil major TotalEnergies expects lower oil and liquefied natural gas sales in the fourth quarter of 2025, but stronger downstream results, as higher margins on refining fuels partially...