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oil and gas

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Image for Oil prices rise on supply shocks, prospect of US interest rate cuts
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Oil prices rise on supply shocks, prospect of US interest rate cuts

By Shariq Khan and Arunima Kumar NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday...

17th September, 2024

Image for Oil prices climb on hurricane impact ahead of US rate decision
Investing

Oil prices climb on hurricane impact ahead of US rate decision

By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Franc...

17th September, 2024

Image for Saipem wins $4 billion contract from QatarEnergy
Business

Saipem wins $4 billion contract from QatarEnergy

(Reuters) – Italian energy engineering group Saipem said on Sunday it had won an offshore contract w...

16th September, 2024

Image for Nigerian communities seek $310 million from Shell, want asset sale stopped
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Nigerian communities seek $310 million from Shell, want asset sale stopped

By Camillus Eboh ABUJA (Reuters) – Nigerian communities are claiming 505 billion naira ($310 million...

13th September, 2024

Image for Oil prices climb 1% on fears over hurricane impact on US output
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Oil prices climb 1% on fears over hurricane impact on US output

By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred...

12th September, 2024

Image for Scotland’s only oil refinery to close next year, 400 jobs to go
Business

Scotland’s only oil refinery to close next year, 400 jobs to go

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to c...

12th September, 2024

Image for Oil settles near 3-year low on weak demand outlook
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Oil settles near 3-year low on weak demand outlook

By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their l...

11th September, 2024

Image for Oil rebounds as geopolitics, demand concerns whipsaw investors
Investing

Oil rebounds as geopolitics, demand concerns whipsaw investors

(Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day...

28th August, 2024

Image for Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
Business

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it plans to shut-in different...

27th August, 2024

Image for Stocks edge lower, oil jumps on supply concerns over Mideast, Libya
Investing

Stocks edge lower, oil jumps on supply concerns over Mideast, Libya

By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on...

26th August, 2024

Image for Oil up over 1% but set to end week down on demand concerns
Business

Oil up over 1% but set to end week down on demand concerns

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still se...

23rd August, 2024

Image for Oil set to end week lower on demand concerns, easing supply woes
Business

Oil set to end week lower on demand concerns, easing supply woes

By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on track to end the week lower,...

23rd August, 2024