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oil and gas

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Image for Oil heads for weekly loss on rate hike worries, ample supply
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Oil heads for weekly loss on rate hike worries, ample supply

By Alex Lawler LONDON (Reuters) – Oil fell almost 3% on Friday and was on course for a weekly declin...

17th February, 2023

Image for Uniper sells UAE marine fuels refinery to consortium including Montfort
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Uniper sells UAE marine fuels refinery to consortium including Montfort

FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the Unit...

16th February, 2023

Image for Oil prices dip on U.S. crude reserve release, inflation pressure
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Oil prices dip on U.S. crude reserve release, inflation pressure

By Shadia Nasralla LONDON (Reuters) -Oil prices dipped on Tuesday after the U.S. government said it...

14th February, 2023

Image for Oil falls on demand worry as Fed ‘make or break moment’ approaches
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Oil falls on demand worry as Fed ‘make or break moment’ approaches

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices eased around 1% on Monday after risin...

13th February, 2023

Image for Algeria regains spot as Spain’s top natural gas source -Enagas
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Algeria regains spot as Spain’s top natural gas source -Enagas

MADRID (Reuters) – Algeria regained its place as Spain’s main supplier of natural gas in January, pr...

10th February, 2023

Image for Oil falls as earthquake impact on crude eases, rate hike fears rise
Investing

Oil falls as earthquake impact on crude eases, rate hike fears rise

By Laila Kearney NEW YORK (Reuters) -Crude prices eased on Thursday as oil infrastructure appeared t...

9th February, 2023

Image for Oil prices steady after U.S. stockpile swell
Investing

Oil prices steady after U.S. stockpile swell

By Shadia Nasralla LONDON (Reuters) – Oil prices were steady on Thursday, as optimism over recoverin...

9th February, 2023

Image for Big Oil doubles profits in blockbuster 2022
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Big Oil doubles profits in blockbuster 2022

By Ron Bousso LONDON (Reuters) – Big Oil more than doubled its profits in 2022 to $219 billion, smas...

8th February, 2023

Image for BP’s shares hit 3-1/2-year high after it cuts emissions targets
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BP’s shares hit 3-1/2-year high after it cuts emissions targets

LONDON (Reuters) – BP’s shares hit their highest in three and a half years on Wednesday, a day after...

8th February, 2023

Image for Equinor shares soar on record 2022 profit, Q4 beat
Investing

Equinor shares soar on record 2022 profit, Q4 beat

By Nerijus Adomaitis OSLO (Reuters) – Equinor on Wednesday posted a record $74.9 billion adjusted op...

8th February, 2023

Image for Lost Russian oil revenue is bonanza for shippers, refiners
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Lost Russian oil revenue is bonanza for shippers, refiners

By Dmitry Zhdannikov, Chen Aizhu and Nidhi Verma LONDON (Reuters) -Western sanctions on Russia have...

8th February, 2023

Image for BP makes record profit in 2022, slows shift from oil
Investing

BP makes record profit in 2022, slows shift from oil

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 b...

7th February, 2023