oil and gas

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Image for Chevron triples low-carbon investment, but avoids 2050 net-zero goals
Investing

Chevron triples low-carbon investment, but avoids 2050 net-zero goals

By Sabrina Valle and Arunima Kumar (Reuters) -Chevron Corp on Tuesday pledged to triple to $10 billi...

15th September, 2021

Image for Oil extends gains on worries of U.S. supply disruptions from another storm
Trading

Oil extends gains on worries of U.S. supply disruptions from another storm

By Yuka Obayashi TOKYO (Reuters) – Oil prices extended gains on Tuesday, hovering near a six-w...

14th September, 2021

Image for Cairn to return $700 million to shareholders when India tax row resolved
Trading

Cairn to return $700 million to shareholders when India tax row resolved

By Pushkala Aripaka (Reuters) – Britain’s Cairn Energy pledged to return up to $700 mill...

14th September, 2021

Image for Over two-thirds of offshore oil output remains shut in U.S. Gulf -regulator
Trading

Over two-thirds of offshore oil output remains shut in U.S. Gulf -regulator

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) -U.S. offshore oil companies restored almost...

13th September, 2021

Image for Oil rallies to $73 on tight U.S. supplies, Biden-Xi call
Investing

Oil rallies to $73 on tight U.S. supplies, Biden-Xi call

By Jessica Resnick-Ault NEW YORK (Reuters) -Oil rose to briefly top $73 a barrel on Friday, supporte...

10th September, 2021

Image for Oil dives late, hit by China supply plan, U.S. bond auction
Trading

Oil dives late, hit by China supply plan, U.S. bond auction

By Scott DiSavino NEW YORK (Reuters) – Oil prices fell to a two-week low on Thursday as China...

10th September, 2021

Image for Oil recovers as tight U.S. supplies offset China reserves sales plan
Trading

Oil recovers as tight U.S. supplies offset China reserves sales plan

By Florence Tan and Sonali Paul SINGAPORE (Reuters) –Oil prices rose on Friday on growing sign...

10th September, 2021

Image for U.S. offshore oil production losses felt around the globe
Trading

U.S. offshore oil production losses felt around the globe

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) -Two weeks of losses in U.S. offshore energy...

10th September, 2021

Image for Oil slides on demand concerns, strong dollar
Trading

Oil slides on demand concerns, strong dollar

By Nia Williams CALGARY, Alberta (Reuters) – Oil prices fell on Tuesday, pressured by a strong...

8th September, 2021

Image for Asia eyes Australia blueprint as $100 billion oil, gas clean-up looms
Trading

Asia eyes Australia blueprint as $100 billion oil, gas clean-up looms

By Sonali Paul MELBOURNE (Reuters) – Australia has passed legislation that could set a precede...

8th September, 2021

Image for U.S. offshore oil output lags as Louisiana refiners restart after Ida
Trading

U.S. offshore oil output lags as Louisiana refiners restart after Ida

By Sabrina Valle HOUSTON (Reuters) – Damage to oil production facilities in the U.S. Gulf of M...

7th September, 2021

Image for Iraq and Total sign $27 billion energy projects deal
Business

Iraq and Total sign $27 billion energy projects deal

By Ahmed Rasheed BAGHDAD (Reuters) – France’s Total will build four giant energy project...

6th September, 2021