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oil and gas

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Image for Major buyers of Russian oil struggle with bank guarantees -sources
Banking

Major buyers of Russian oil struggle with bank guarantees -sources

By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – The global oil market was thrown into chaos...

24th February, 2022

Image for Oil tops $100, gas, grains, metals spike as Russia invades Ukraine
Top Stories

Oil tops $100, gas, grains, metals spike as Russia invades Ukraine

By Nina Chestney, Nigel Hunt and Pratima Desai LONDON (Reuters) -Commodity prices jumped to multi-ye...

24th February, 2022

Image for TotalEnergies makes large oil discovery off Namibia
Finance

TotalEnergies makes large oil discovery off Namibia

CAPE TOWN (Reuters) -Operator TotalEnergies has made a significant discovery of light oil and associ...

24th February, 2022

Image for Germany can ensure energy supply without Russian gas – econ minister
Top Stories

Germany can ensure energy supply without Russian gas – econ minister

BERLIN (Reuters) – Germany can guarantee security of supply even without Russian gas or oil, Economy...

24th February, 2022

Image for Oil soars, stocks fall as Russia, Ukraine fears intensify
Trading

Oil soars, stocks fall as Russia, Ukraine fears intensify

By Sinéad Carew NEW YORK (Reuters) -Crude oil futures on Tuesday reached their highest levels since...

23rd February, 2022

Image for Vaar Energi shares fall after $7.9 billion Eni spin-off
Business

Vaar Energi shares fall after $7.9 billion Eni spin-off

OSLO (Reuters) – Shares of Vaar Energi, the largest pure-play oil exploration and production (E&P) c...

17th February, 2022

Image for Oil slides after France and Iran say closer to a nuclear deal
Top Stories

Oil slides after France and Iran say closer to a nuclear deal

SINGAPORE (Reuters) – Oil slid more than 2% in early Asian trade on Thursday after both France and I...

17th February, 2022

Image for April-loading Russian Sokol oil premium rises to over 2-year high-sources
Top Stories

April-loading Russian Sokol oil premium rises to over 2-year high-sources

SINGAPORE (Reuters) – Spot premiums for Russian Sokol crude loading in April jumped to their highest...

16th February, 2022

Image for Europe’s banks fund oil and gas expansion despite IEA warning -report
Banking

Europe’s banks fund oil and gas expansion despite IEA warning -report

LONDON (Reuters) -European banks are providing billions of dollars of funding to expand oil and gas...

15th February, 2022

Image for BP sticks with Russian business, CEO Looney says
Business

BP sticks with Russian business, CEO Looney says

CAIRO (Reuters) – BP is sticking with its Russian oil and gas business, which has so far been unaffe...

15th February, 2022

Image for Exclusive-Iraq’s $27 billion TotalEnergies deal stuck over contract wrangling
Business

Exclusive-Iraq’s $27 billion TotalEnergies deal stuck over contract wrangling

By Aref Mohammed, Rowena Edwards and Dmitry Zhdannikov BASRA/LONDON (Reuters) – A $27 billion deal b...

15th February, 2022

Image for Oil prices stable at $90/bbl, Iran supply prospects add pressure
Investing

Oil prices stable at $90/bbl, Iran supply prospects add pressure

By Rowena Edwards LONDON (Reuters) -Oil prices were stable around $90 a barrel on Wednesday, as the...

9th February, 2022