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oil and gas

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Image for Exxon, Shell may pursue part of $1.8 billion Nigerian award–US appeals court
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Exxon, Shell may pursue part of $1.8 billion Nigerian award–US appeals court

By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court on Friday said Exxon Mobil Corp and Ro...

8th July, 2022

Image for Oil heads for weekly loss as recession fears trump tight supply
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Oil heads for weekly loss as recession fears trump tight supply

By Alex Lawler LONDON (Reuters) -Oil rose in volatile trade on Friday but was still heading for a we...

8th July, 2022

Image for Putin: sanctions risk causing energy price catastrophe for West
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Putin: sanctions risk causing energy price catastrophe for West

MOSCOW (Reuters) – President Vladimir Putin said on Friday that continued sanctions against Russia c...

8th July, 2022

Image for UK to examine petrol and diesel market in depth
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UK to examine petrol and diesel market in depth

LONDON (Reuters) -Britain launched an in-depth study of the gasoline market on Friday to investigate...

8th July, 2022

Image for Russia to take Sakhalin-1 project under its control -lawmaker
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Russia to take Sakhalin-1 project under its control -lawmaker

MOSCOW (Reuters) -A senior Russian lawmaker said on Thursday that Moscow would take control of the S...

7th July, 2022

Image for Oil up nearly $5 as tight supply outweighs recession fears
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Oil up nearly $5 as tight supply outweighs recession fears

By Noah Browning LONDON (Reuters) -Oil prices rose steeply on Thursday after sharp losses in the pre...

7th July, 2022

Image for UK oil sector secures changes to windfall tax, seeks more amid gov’t chaos
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UK oil sector secures changes to windfall tax, seeks more amid gov’t chaos

LONDON (Reuters) – Britain’s main oil and gas sector said it had secured some changes to a planned w...

7th July, 2022

Image for Shell gets $1 billion refining boost, upgrades oil and gas assets
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Shell gets $1 billion refining boost, upgrades oil and gas assets

By Ron Bousso LONDON (Reuters) -Shell said on Thursday surging demand for oil products that had almo...

7th July, 2022

Image for Analysis-Recession fears deal blow to rare 2022 market winner: US energy shares
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Analysis-Recession fears deal blow to rare 2022 market winner: US energy shares

By Lewis Krauskopf NEW YORK (Reuters) – A rally in U.S. energy shares is crumbling, as fears of a gl...

6th July, 2022

Image for Oil drops to 12-wk low on recession, COVID-19 worries
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Oil drops to 12-wk low on recession, COVID-19 worries

By Scott DiSavino NEW YORK (Reuters) -Oil prices dropped to a 12-week low in volatile trade on Wedne...

6th July, 2022

Image for Russian court orders halt to Caspian oil pipeline but exports still flow
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Russian court orders halt to Caspian oil pipeline but exports still flow

MOSCOW (Reuters) -Caspian Pipeline Consortium (CPC), which takes oil from Kazakhstan to the Black Se...

6th July, 2022

Image for Kremlin slams Japan’s ‘unfriendly’ stance amid G7 oil price cap talk
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Kremlin slams Japan’s ‘unfriendly’ stance amid G7 oil price cap talk

(Reuters) -The Kremlin criticised Japan on Wednesday over what it called a “very unfriendly position...

6th July, 2022