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oil and gas

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Image for Germany’s PCK Schwedt refinery faces output cuts without Russian oil
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Germany’s PCK Schwedt refinery faces output cuts without Russian oil

LONDON (Reuters) -Germany’s 233,000 barrel-per-day PCK Schwedt refinery is set to reduce output as i...

5th May, 2022

Image for Why NOPEC, the U.S. bill to crush the OPEC cartel, matters
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Why NOPEC, the U.S. bill to crush the OPEC cartel, matters

By Timothy Gardner WASHINGTON (Reuters) -A U.S. Senate committee is expected to pass a bill on Thurs...

5th May, 2022

Image for Shell CEO: no way to trace Russian crude refined overseas
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Shell CEO: no way to trace Russian crude refined overseas

LONDON (Reuters) – The world does not have a system to trace Russian oil as it is refined overseas,...

5th May, 2022

Image for Oil climbs on supply jitters as EU plans Russian oil ban
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Oil climbs on supply jitters as EU plans Russian oil ban

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices extended gains on Thursday on supply concerns...

5th May, 2022

Image for Explainer-Why the EU may find it tough to squeeze out Russian oil
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Explainer-Why the EU may find it tough to squeeze out Russian oil

By Rowena Edwards and Bozorgmehr Sharafedin LONDON (Reuters) – The European Union has proposed a pha...

5th May, 2022

Image for Analysis-Rising oil prices buy Iran time in nuclear talks, officials say
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Analysis-Rising oil prices buy Iran time in nuclear talks, officials say

By Parisa Hafezi DUBAI (Reuters) – Emboldened by an oil price surge since Russia invaded Ukraine, Ir...

5th May, 2022

Image for What would be the impact of Russian oil sanctions in Europe?
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What would be the impact of Russian oil sanctions in Europe?

LONDON (Reuters) -The European Union has proposed a phased embargo of Russian oil, tightening its sa...

5th May, 2022

Image for Oil jumps $4 a barrel as EU proposes ban on Russian oil
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Oil jumps $4 a barrel as EU proposes ban on Russian oil

By Ahmad Ghaddar and David Gaffen NEW YORK (Reuters) -Oil prices jumped on Wednesday as the European...

4th May, 2022

Image for Germany needs ‘political solution’ to Russian oil refinery
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Germany needs ‘political solution’ to Russian oil refinery

By Joseph Nasr BERLIN (Reuters) -Economy Minister Robert Habeck appeared to suggest on Wednesday tha...

4th May, 2022

Image for EU proposes to ban in a month’s time shipping, financing services for Russian oil – source
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EU proposes to ban in a month’s time shipping, financing services for Russian oil – source

BRUSSELS (Reuters) – The European Commission has proposed to ban in a month’s time all shipping, bro...

4th May, 2022

Image for LetterOne says it won’t take Wintershall Dea’s Russian assets from BASF
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LetterOne says it won’t take Wintershall Dea’s Russian assets from BASF

By Ludwig Burger FRANKFURT (Reuters) -LetterOne will not take on Russian assets of Wintershall Dea a...

4th May, 2022

Image for Equinor posts record profit as gas prices soar in Europe
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Equinor posts record profit as gas prices soar in Europe

By Nerijus Adomaitis and Nora Buli OSLO (Reuters) – Equinor reported record earnings on Wednesday, a...

4th May, 2022